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Chesterfield, St Louis County, Missouri, USA

USD $47,900
Global Investments Inc, Manchester
PROPERTY TYPE
Detached
BEDROOMS
x3
BATHROOMS
x1
SIZE
914 sq. ft.
(85 sq. m.)

Key features

  • Three bedroom house
  • Tenanted
  • Fully managed
  • Local staff
  • Garden
  • Great location

Property description

This fantastic three bedroom brick built single family home is located in Penrose, Saint Louis. The property has three large bedrooms, one bathroom, a full basement and a large rear garden. The property is just undergoing a complete refurbishment and the management company will place brand new tenants when the new owner closes on the property. The tenants will be Section 8 housing so the total rental income of $850 each month is paid direct to the landlord via the US Government.

This property is located in Penrose which is only 6.5 miles to the centre of downtown Saint Louis.This property is also only five minutes to the Fairground park which opened in 1908 .The park has a huge history and is very well kept and spans 131.46 acres. Local residents enjoy the park for fishing, skating on the roller rink, festivals, picnicking under trees, playing tennis or just enjoying the walks with many beautiful lakes.

Investment details

Purchase price: 47,900

Gross annual rental income: $10,200

Property running costs: $1,806
(Tax, insurance and management costs)

Net annual rental income: $8,394

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 18%

Break even in 5.5 Years

Let GLOBAL help you with your real estate Investments. We are here to help you build your real estate portfolios, and can customise a purchase plan for your wealth building future! Global Investments provides our clients with excellent strategies for real estate investing, home ownership and wealth building. Understanding the market is the key to success. The market has changed so vastly in the past two years, it takes knowledge to navigate the current local markets and get the best deals.

For the real estate investor, this is the time to take advantage of the market, build portfolios, and create passive real estate income, all leading to future wealth. It can be difficult for new real estate investors to learn to navigate around all of the areas we sell in. Online public information directories, website listing companies etc, all can be very daunting, that is what we are here for.

We specialise in selling single family and multi tenanted homes in all States in the US. We have exclusive agreements with the biggest Asset Management Companies and Banks in the US bringing you the best investments at the best prices with no hidden gimmicks.

Just straight talking advice.

We pride ourselves on the level of service that we give before and after the sale, giving you a 24/7 hands on service which is unrivalled in the industry.

Our biggest business is repeat business and referral.

What we offer?

1.US and Uk offices.
2. Highest ROI in the marketplace
3. On the ground management.
4. Professionally managed by our US staff.
5. Safe and secure locations.
6. Renovation team on the ground.
7. Investment renovation packages
8. 24/7 after sales on hand every day.
9. Award winning Brokers
10. 5 star reviews.
11. Bulk purchases
12. LLC set up.
13. Home Warranty.
14. Landlord Insurance


If you're looking for great properties to purchase with excellent on-the-ground local property management then check out our current inventory, and contact us with any questions ?

Welcome to Global "We are always here to help."

Global Investments " The straight talking property company. "

Chesterfield, St Louis County, Missouri, USA

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • St Louis(International)
    13.6 miles
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About the agent

Global Investments Inc, Manchester

Reedham House, 31 King Street West, Manchester M3 2PJ

Global Investments Inc, Manchester

At Global, our dynamic team of investment specialists will give you the best and most professional advice, without forgetting the personal touch. We can deliver the best prices and yields in every market we operate in, we have our finger on the pulse.

With our US property investments our broad network of agents covers every State in the USA. We are currently one of the market leaders as our Agents have their ears to the ground delivering the best priced properties the second they hit th

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Notes

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This is a property advertisement provided and maintained by Global Investments Inc, Manchester (reference klkfjslkjksljfklsjfklsflksflks) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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