$60,000 Multi family home producing 16.6% net yield

Built in 1910, this property comprises 2 spacious two bedroom apartments. 3406 Miami Street, St Louis, MO 63118 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:  $60,000 Buying Costs:   $2,500 TOTAL OUTLAY:  $62,500  RENTAL INCOME:  $13,200 per annum  OUTGOINGS:  Taxes:             $900 Insurance:        $600 Management:  $1,320   TOTAL OUTGOINGS:  $2,820 NET INCOME:   $10,380 THE NET YIELD…

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Built in 1910, this property comprises 2 spacious two bedroom apartments.

3406 Miami Street, St Louis, MO 63118

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:  $60,000

Buying Costs:   $2,500

TOTAL OUTLAY:  $62,500

 RENTAL INCOME:  $13,200 per annum

 OUTGOINGS:

 Taxes:             $900

Insurance:        $600

Management:  $1,320

 

TOTAL OUTGOINGS:  $2,820

NET INCOME:   $10,380

THE NET YIELD IS THEREFORE A FANTASTIC 16.6%.

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