SUB 2 DEAL IN ST.LOUIS PERFECT RENTAL PROPERTY

St. Louis County, St. Louis, MO, 63137
Sold
Listed at: July 26th, 2023
Price
$23,500
ARV
$80,000
Gross Margin
$56,500
Sq. Footage
912
Type
Single-Family
Parking
Attached Garage
Year build
1954
Lot size
0.17 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Address: 1009 Roxton Dr, St. Louis, MO 63137

On-Market Deal-photos on MLS/Zillow

Bed/Bath: 3 bd/2bth

Sqft: 912

Year Built: 1954

Lot Size: 7,518 Sqft

COMP 1: 10090 Dwight Dr, St. Louis - $135k

COMP 2: 10449 Ewell Dr, St. Louis - $130k

COMP 3: 10519 Byfield Dr, St. Louis - $119k

ARV: $125,000

Long Term Rental Rate (LTR): $1,300/month

Short Term Rental Rate (STR): #3,000/month

Contract Terms: Property is under contract on Subject-To with a Balloon on the Mortgage in 15 years. 7% Simple Interest to the seller with balloon of Purchase Price to Seller in 5 years.

Monthly PITI: $479

Rehab: $20,000

Purchase Price: $31,800

Remaining Mortgage: $48,100

ENTRY FEE

Cash to Seller: $5,000

Assignment Fee: $10,000

Realtor Invoice: $5,000

EMD: $500

Closing Cost: $3,000

Entry Fee: $23,500 (Approx.)

🔥Contact me today at 586-556-1365 to set up a walk through and to submit your highest and best offer🔥

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.
● Buyer pays all closing costs
● Get in touch with us now!
NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER.
Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".
Contract: A contract will be delivered electronically once an agreement has been made and must be executed by Final Buyer within 24 hours. Once the contract is signed, we will introduce you to our third party Title Company we use who will help facilitate the closing process.
Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.
Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal. 

💪 YOU CAN CLICK THE 🙌 WIN IT NOW BUTTON AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND 🔐 LOCK IT DOWN RIGHT NOW 💥

DISCLAIMER: This is an Assignment of Contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT Brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Dominic Lafata

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Disposition manager