Deal summary

Section 8 Multi-Family in Saint Louis, MO 63104 – $425,000

4 bed · 4 bath · 3420 sqft · built 1924 · Saint Louis City County

Cash-flowing fourplex! This tenant-occupied 4-unit property features 3,420 SF with 1 bed/1 bath per unit and current rental income of approximately $5,500/month. Based on a 7% DSCR loan, 20% down, and an estimated 20% allowance for CapEx/maintenance, projected net cash flow is approximately $1,512/month or $18,145 annually. That equates to an estimated 20.16% cash-on-cash return, making this a solid buy-and-hold opportunity for investors seeking immediate rental income.