Great turnkey investment property in St. louis mo for only .62cents on the dollar. $19,121.64 positive cash flow the 1st year & $66,000.00 in equ

Great turnkey investment property in St. louis mo for only .62cents on the dollar. $19,121.64 positive cash flow the 1st year & $66,000.00 in equity.

Before rehab video will be up 11/2/09 on www.youtube.com/jdsproperties1

7721 Peachtree St. Louis MO 63130 is a fantastic deal in the beautiful University City area of St. Louis MO. It’s a 3bed 2 bath 1316sqft home with car port. This home will have a retail value of at least $130,000, or more. It comps out at $145,000 and zillow has it at $172,000.

You can pick up this gem for only $80,000.00 totally rehabbed and ready to rent or sell. That is only .62 cents on the dollar. Or you can get it as is, before we start the rehab for only $66k

We plan on having this home rented soon for at least $925/mth and we estimate your monthly payment (PITI+ property management) to be only $668.47/mth which will leave you a very respectable $256.53 positive monthly cash flow and $66,000.00 in equity. This would make a great home to lease purchase also

WE WILL PAY ALL YOUR EXPENSES FOR A YEAR!!! So your 1st year positive cash flow will be:
$925 X 12 = $11,100 (rents)
+ 668.47 X 12 = $8,021.64 (expenses paid)
= $19,121.64 positive cash flow the 1st year.

Call John Skaggs @ (901) 212-7246 to requests info or pics


Call John Skaggs @ (901) 212-7246 to requests info or pics