11332 Republic Ave

Warren, MI 48089
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3 bd, 1 ba | 1,140 sqft | Built in 1957

For Sale

Exclusive

List Price
$87,000

Initial Investment

$93,069

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

06/01/2020

Lease End

05/31/2021

Lot Size

4,792

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Leased through May 2021
  • This is a Roofstock Rack home – did not meet Roofstock’s certification standards or qualify for the Roofstock Guarantee, but presents an opportunity for experienced investors to unlock the potential for a better deal. (Learn more. here)
See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$2,664

Property taxes

-$1,700

Loan Payments

$0

Net Cash Flow

$5,896

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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.