Eagle Dr.
Saint Louis, MO 63133

792 sq. ft., 2 bedroom / 1 bathroom

Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133
Eagle Dr.</br> Saint Louis, MO 63133

Property Information

Current Status Occupied
Lease Start Date 12/15/2023
Lease End Date 12/31/2024
Utilities Paid by Tenant
Initial Investment* $24,600

*Includes down payment plus $3,000 of closing costs

Purchase Price $100,000

Current Rent $1,075
Cap Rate 8%
Cash on Cash Return* 31%
Net Cash Flow Per Month* $162

*Assuming 20% down with a loan at 2PTS + 7.25% interest for 30 years. Including equity build up and 3% appreciation per year.

About This Property

Renovations include:
New gleaming floors throughout;
Updated kitchen with new stainless steel appliances and new kitchen counters;
Updated bathroom with new tile shower surround, and new vanity;
Complete fresh paint throughout and exterior paint.

This property is being marketed for a FlipSystem partner.

*Insurance includes flood insurance.

Financing Options

MartelTurnkey has partnered with some of the top lenders that provide a wide range of financial solutions to meet your Rental investing needs. Talk to an Advisor to learn more or visit our partner to get pre-approved.

Property Management Company

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Investment Terms

Purchase and Sale Agreement (PSA): A PSA will be delivered electronically once an agreement has been made and must be executed by Buyer within 24 hours of receipt.
Earnest Money Deposit (EMD) of $1,000 must be wired to the Title Company within 3 days of PSA signing.
Appraisal Contingency is available for financed properties, and will be waived automatically if the property appraises for the sale price. If it does not appraise for the sale price, then the Buyer and Seller will have the opportunity to come to terms or the Buyer can cancel the contract.
Closing Date: The Closing Date will occur within 15 days of PSA execution for cash transactions and 45 days of PSA execution for financing unless otherwise agreed by Buyer and Seller.
Lease Agreement: The current lease agreement will be provided to Buyer at Closing.
Closing Costs: Closing costs shall be paid based on local custom, and will include discounts negotiated by Martel TurnKey to lower transaction costs for Buyers and Sellers. Actual closing costs will be outlined on the final settlement statement.

Buying Process

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