11682 Bramell
Redford, MI 48239
List Price
$122,000
Initial Investment
$33,245Purchase Price
$122,000
Down Payment
25%
Rent
$1,040
Total Return
$91,099
Annualized Return
29.3%
Cap Rate
5.0%
Gross Yield
10.2%
Cash Flow
-$1,158
Appreciation
12.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,098
HOA
None
Flood Risk
Not Required
Brick 3-bedroom. 1-bath bungalow. This house is in moving-in condition, large bedroom on the second floor. Fresh paint, large basement, new floors, and carpet all over. A great addition to a rental portfolio. FHA first-time buyers welcome.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$11,856Expenses
-$3,082Property Taxes
-$3,300Loan Payments
-$6,633Net Cash Flow
-$1,158See 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
Trelora Realty, Inc.
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SourceGreater Kalamazoo
MLS #24008008
Last Updated: 03/27/2024 23:03
MLS #24008008
Last Updated: 03/27/2024 23:03