11320 Grandville Ave
Detroit, MI 48228
List Price
$75,000
Initial Investment
$20,438Purchase Price
$75,000
Down Payment
25%
Rent
$1,480
Total Return
$44,006
Annualized Return
33.7%
Cap Rate
12.9%
Gross Yield
23.7%
Cash Flow
$4,619
Appreciation
4.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,227
HOA
None
Flood Risk
Not Required
This home needs eom TLC but the structure is great. Schedule an appointment to see this beautiful home. BATVAI. Purchaser to pay 495 transaction fee at closing.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,872Expenses
-$5,365Property Taxes
-$2,810Loan Payments
-$4,077Net Cash Flow
$4,619See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Certified Agent Brokerage:Christopher Stjernholm
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SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250016553
Last Updated: 03/13/2025 10:03
MLS #20250016553
Last Updated: 03/13/2025 10:03