211 W Holmes St · Newark, MO 63458

$89,900

3 bd · 2.0 ba · 1,820 sqft · Other

0.90 ac lot

---

Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Charming 3 bed, 2 bath manufactured home on a slab foundation for long-term financing! This corner-lot ranch offers an open living/dining area and spacious kitchen with island. The master suite features a walk-in closet, garden tub, and shower, . All bedrooms offer walk-ins closets. Enjoy a large backyard with pecan and apple trees, a garden shed, and front/back decks for entertaining. Ample space to add a shop. Property sits adjacent to the city park and just mile from Sever Lake for recreation. Priced to sell—call Mark Hunolt at 660.341.0802 for your tour today. Look with Legacy in mind!

Key facts

• 0.9 acre lot

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $90k.

Deal economics

• At list price, monthly cash flow is $439 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).

Location & tenants

• Location reads 50/100 on livability (#908 in MO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: schools F, amenities F, commute F.
• Knox County R-I (rural): math 34% / reading 47% proficiency, ranked #154 of 324 in MO (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 6 active listings in the ZIP; 3 units permitted in Knox County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($622 loan paydown + $3k appreciation (3.0% local appreciation)).
• Knox County population projected at -32% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $89,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.40% ✓
• Cap rate: 12.16%
• Cash-on-cash: 20.95%
• DSCR: 1.93
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.2%
• Equity multiple: 2.54×
• Total profit: $38,799
• Equity at exit: $40,423

10-year hold

• IRR: 27.8%
• Equity multiple: 4.93×
• Total profit: $98,873
• Equity at exit: $62,297

Cash invested: $25,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 63458

• Active inventory: 6
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,257 medium
• Mortgage (P&I): −$471
• Tax from tax record: −$45 /mo · $534/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$264
• Net cashflow: $439

Break-even live

Break-even rent $701

Max offer price $89,900

Occupancy floor 60%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-01-30
   soldstatus Closed 603-char remark

   Show marketing remark (603 chars)

   Charming 3 bed, 2 bath manufactured home on a slab foundation for long-term financing! This corner-lot ranch offers an open living/dining area and spacious kitchen with island. The master suite features a walk-in closet, garden tub, and shower, . All bedrooms offer walk-ins closets. Enjoy a large backyard with pecan and apple trees, a garden shed, and front/back decks for entertaining. Ample space to add a shop. Property sits adjacent to the city park and just mile from Sever Lake for recreation. Priced to sell—call Mark Hunolt at 660.341.0802 for your tour today. Look with Legacy in mind!

2. 2025-10-27
   status Pending 603-char remark

   Show marketing remark (603 chars)

   Charming 3 bed, 2 bath manufactured home on a slab foundation for long-term financing! This corner-lot ranch offers an open living/dining area and spacious kitchen with island. The master suite features a walk-in closet, garden tub, and shower, . All bedrooms offer walk-ins closets. Enjoy a large backyard with pecan and apple trees, a garden shed, and front/back decks for entertaining. Ample space to add a shop. Property sits adjacent to the city park and just mile from Sever Lake for recreation. Priced to sell—call Mark Hunolt at 660.341.0802 for your tour today. Look with Legacy in mind!

3. 2025-10-01
   listed $89,900 Active 603-char remark

   Show marketing remark (603 chars)

   Charming 3 bed, 2 bath manufactured home on a slab foundation for long-term financing! This corner-lot ranch offers an open living/dining area and spacious kitchen with island. The master suite features a walk-in closet, garden tub, and shower, . All bedrooms offer walk-ins closets. Enjoy a large backyard with pecan and apple trees, a garden shed, and front/back decks for entertaining. Ample space to add a shop. Property sits adjacent to the city park and just mile from Sever Lake for recreation. Priced to sell—call Mark Hunolt at 660.341.0802 for your tour today. Look with Legacy in mind!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $534 · $45/mo
• Projected year-2 tax: $872 · $73/mo
• Expected delta: +$338/yr (+$28/mo · 63.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,082
• − Mortgage interest: −$5,036
• − Property taxes: −$534
• − Insurance: −$450
• − Repairs & maintenance: −$1,207
• − Management: −$1,207
• − Depreciation: −$2,615
• Taxable income: $4,034
• Est. tax owed @ 24.0%: −$968
• After-tax cash flow: $4,306/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Knox County R-I
• NCES district ID: 2911280
• Math proficiency: 34% ▼ -9.00%
• Reading proficiency: 47% ▲ 3.00%
• Median HH income: $35,777
• Composite: 33.5/100
• National rank: #5441
• State rank: #154 of 324 in MO

Livability — Newark

• Score: 50/100
• State rank: #908
• US rank: #25662

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment F Housing F Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newark, MO
• Population (ZIP): 131

Population outlook (Knox County) Hauer SSP2

• Today (2025): 3,387 people
• By 2030: 3,136 · -7.4%
• By 2040: 2,686 · -20.7%
• By 2050: 2,292 · -32.3%
• By 2075: 1,581 · -53.3%
• By 2100: 1,027 · -69.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Black 8% Hispanic / Latino 2%
• Common ancestry: Iranian 4% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4% Other Indo-European 2%

Political lean MEDSL · Knox

• 2024 margin: Solid R (+64.5) · D 17.2% · R 81.7% · Other 1.1%
• 2008→2024 swing: -42.2pp toward R · 2008: -22.4pp · 2024: -64.5pp
• All cycles: 2024: R+64.5 2020: R+61.8 2016: R+55.4 2012: R+25.9 2008: R+22.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

3 events — show timeline

• 2026-01-30 Sold (MLS) — NECAR
• 2025-10-27 Pending — NECAR
• 2025-10-01 Listed $89,900 NECAR

Property tax history

+0.4%/yr

Latest (2025): $534 · -0.0% YoY. Source: county tax records.