Overview
- 4 Bedrooms
- 2 Bathrooms
- 2,260 ft
- Year Built: 1913
Description
Address: 4174 Farlin Ave, Saint Louis, MO 63115
4-bedroom / 2-bathroom Duplex
Property is Half Occupied! Contact Dispo Manager for access. Property to be vacant at close.
Deal Takeaways:
Roof 10 years old
No HVAC
Low cost, good flip potential
Financials:
ARV: $125,000
Purchase Price: $48,300
Estimated Profit Details (Flipper/MLS Sale):
ARV: $125,000
(*) 94% for sale commissions
(-) $48,300 purchase price
(-) $35,000 estimated rehab costs
(-) $3,000 esti. closing / holding cost
(=) $31,200 profit
Estimated Rental Profit Details:
Estimated Rental Income: $2,200
(-) $15 monthly tax
(-) $110 monthly insurance
(-) $220 property management (estimated recommnedation)
(-) $220 recommended allocation for repairs, vacancy, etc (estimated recommnedation)
(=) $1,635 a month
Property Details:
2,260 Home Square Feet
3,512 SQFT Lot Size