$59,880 St Louis triplex producing great net yield of 20%

2812 Osage St, St Louis, MO 63118 was built in 1886 and comprises 1 two bedroom apartment and 2 one bedroom apartments generating a net annual income of $12,456. 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:  $59,880 Buying Costs:   $2,500 TOTAL OUTLAY:  $62,380  RENTAL INCOME:  $15,600 per annum  OUTGOINGS:  Taxes:             $744 Insurance:        $840 Management: …

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2812 Osage St, St Louis, MO 63118 was built in 1886 and comprises 1 two bedroom apartment and 2 one bedroom apartments generating a net annual income of $12,456.

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:  $59,880

Buying Costs:   $2,500

TOTAL OUTLAY:  $62,380

 RENTAL INCOME:  $15,600 per annum

 OUTGOINGS:

 Taxes:             $744

Insurance:        $840

Management:  $1,560

 

TOTAL OUTGOINGS:  $3,144

NET INCOME:   $12,456

THE NET YIELD IS THEREFORE A FANTASTIC 20%.

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