Wholesale Fix And Flip Cash Flowing

Great 13% Cap Rate!

1063 Hornsby Ave, St. Louis, MO 63147

$100,000 After Repair Value -
$69,750 Asking Price -
$0 Cost of Repairs =
$30,250 Potential Profit

Property Details

Asking Price $69,750

After Repair Value $100,000

Costs of Repairs $0

Potential Profit $30,250

Living Area 2144 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 1

Half Bathrooms 1

Parking 0

Listed with Agent No

Property Description

This 4 bed 1.5 bath property is currently vacant. There are a lot of opportunities for investors to either fix and flip the property, do the BRRRR strategy, or even place a tenant and keep it as a rental.

The market rent seems to be about $900 per month, which would make this property a 13% CAP rate and can produce $748 per month in positive cash flow.

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