$49,000 St Louis. Multi family home generating 17.31% net yield

Built in 1906, this property is arranged as 2 two bedroom apartments and generates a net income of $8,916 per annum. Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!   KEY FIGURES: Purchase Price:  $49,000 Buying Costs:   $2,500 TOTAL OUTLAY:  $51,500  RENTAL INCOME:  $12,000 per annum  OUTGOINGS:  Taxes:             $1,284 Insurance:        $600 Management:  $1,200   TOTAL OUTGOINGS:  $3,084 NET INCOME:   $8,916…

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Built in 1906, this property is arranged as 2 two bedroom apartments and generates a net income of $8,916 per annum.

Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!

 

KEY FIGURES:

Purchase Price:  $49,000

Buying Costs:   $2,500

TOTAL OUTLAY:  $51,500

 RENTAL INCOME:  $12,000 per annum

 OUTGOINGS:

 Taxes:             $1,284

Insurance:        $600

Management:  $1,200

 

TOTAL OUTGOINGS:  $3,084

NET INCOME:   $8,916

THE NET YIELD IS THEREFORE A FANTASTIC 17.31%.

For further information or to reserve this property, please complete the enquiry form as soon as possible.