2715 Osage St.

St. Louis MO. 63118

7 Bedrooms 5 Bathrooms (or 4 w/ laundry on 2nd flr)

Available for Presale!

This 3,000+ sqft home features seven (7) good sized bedrooms, with one (1) ensuite, and 4/5 bathrooms. 

1. There is one bedroom and one full bathroom on the first floor.
2. Three bedrooms including the master and a full bath on the second floor.
3. And three additional bedrooms and 1 full bathroom on the third floor.
4. Basement plumbed for a full bathroom with space for 2 more bedrooms.

Since we are currently in renovation, the buyer can choose for us to put either a 1/2 bathroom on the 2nd floor OR use that space as a 2nd floor laundry area. 

ROI Example-

On a co-living model - assuming a DSCR loan at 85% LTV and a 7% rate, taxes of $730/year, and insurance at $260/month, you’re looking at a PITI of ~$2,300 per month. Add on about $500 per month in utilities and your monthly cost is roughly $2,800 per month.

If you rent each room at an average of $650 that brings you $4,550 per month.

This would give you a net profit per month of $1,750 or about $21,000/year against the $52,500 down payment.

That would give you a 40% cash on cash return.