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About This Home
This 2-bedroom, 1-bathroom single family at 8343 Strathmore Place in Jennings, MO is listed for $79,000 ($75 per sqft). Built in 1928, the home offers 1,050 sqft of living space on a 0.08 acres lot.
Investors, this one's for you! This brick bungalow offers 1050 sf of living space with 2 bedrooms, 1 bathroom, living room, true dining room, kitchen, bath, full basement, and off-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs.
The roof is brand new, with warranty! The property is newly rented (April 1) at $1125. Using that figure, gross annual income would be 13,500. Seller's annual taxes, insurance, and sewer expenses total 2,989; with a pro forma $500 for maintenance, that's an NOI of 10,551, which is a 12.67% cap rate at asking price. Have a look, make your offer, and let the cash flow begin.
Key Features
- Built in 1928
- 0.08 acre lot
Property Details
Amenities
Monthly Cost Estimate
$423/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8343 Strathmore Place
Jennings, MO 63136
Mayfair Park
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 8343 Strathmore Place is listed at $79,000 ($75/sqft). The estimated monthly payment is $342 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.08 acre lot.
This property is listed by Tammy Derrigan and can be reached at 3145184347 or tammyderrigan@gmail.com.
