📍St. Louis, MO 63118 | Hybrid Subto | Entry $40k / ARV $390k | 4.375% INT

Description

💥→ATTENTION INVESTORS←💥
📍ᗔ Louis, MO 63118

Property is a Duplex, seller converted it to a Single Family. Can easily be converted back to a duplex. All utilites are already separately metered for 2 units.

HOA – No HOA / No Rental Restrictions

Hybrid Seller Financing terms:

$35k Seller carry back

7 year ballon
Amortized for 15 years
Unpaid balance in 2031 – $22,474.71

Princpal and Interest monthly payment towards seller: $276.78

5.5% rate

Rehab: $85k

Mortgage terms:
Balance: $65k

PITI: $593

4.375% rate

LTR: $2,200 a month

Total Purchase price: $140k

🏡 Property Details
Bd/Br – 4 bd / 2 br
Sqft – 1,794 sq ft
Lot size – 3,129 sqft lot
Year it was built – 1925
COE – April 8th
EMD – 5k
Purchase Price – $120k
ARV – $390k
HOA – No HOA / No Rental Restrictions