16711 Lincoln Ave
(Duplicated 344895)

Eastpointe, MI 48021
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3 bd, 1 ba | 966 sqft | Built in 1951

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List Price
$110,000

Initial Investment

$27,250

Purchase Price

$100,000

Down Payment

25%

Rent

$1,040

Total Return

$54,180

Annualized Return

25.6%

Cap Rate

7.0%

Gross Yield

12.5%

Cash Flow

$924

Appreciation

8.4%
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Features

Occupancy

Occupied

Lease Start

03/01/2021

Lease End

02/28/2022

Lot Size

5,663

HOA

None

Flood Risk

Not Required

  • Insurance fee included in monthly rent of $15

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Annual Financial Highlights

Expected Rent

$11,856

Expenses

-$3,295

Property Taxes

-$2,200

Loan Payments

-$5,437

Net Cash Flow

$924

See more in Financials

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