Deal summary
3 bed · 1 bath · 932 sqft · built 1958 · Saint Louis County
Secure a strong cash-flow opportunity with this 3-bed, 1-bath Section 8 tenant-occupied single-family home in Saint Louis! The property is currently generating $1,200/month in rent, providing immediate income from day one. The property offers an attractive entry point for investors looking for a cash-flowing rental. Based on a DSCR financing scenario using 20% down and a 7% interest rate, the property is projected to generate approximately $368/month in net cash flow, or $4,419 annually, translating to an estimated 21.04% cash-on-cash return. With a tenant already in place, Section 8 income, and strong projected returns, this is a great opportunity for investors seeking a turnkey cash-flow rental in Saint Louis.
HUD rent $1,200/mo · est. rehab $10,000