120 W Capac Rd

Imlay City, MI 48444
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4 bd, 2 ba | 2,000 sqft | Built in 1950

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List Price
$235,900

Initial Investment

$64,283

Purchase Price

$235,900

Down Payment

25%

Rent

$1,980

Total Return

$103,114

Annualized Return

21.8%

Cap Rate

6.4%

Gross Yield

10.1%

Cash Flow

$1,457

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

High Risk - Zone AE

Beautiful four bedroom home in the heart of Imlay City, completely redone from top to bottom. Four bedrooms: Spacious and comfortable for family living. Two Full Baths: Modern and well-appointed. (Note: jets in primary bathroom tub do not work.) Living Room: Cozy space with a fireplace. Family Room: Additional space for relaxation or entertaining. First Floor Laundry Room: Convenient and accessible. Beautiful Kitchen: Updated with contemporary finishes. This home is move-in ready and offers immediate possession. Notable updates include a second story added in 2000 and a roof that is less than 10 years old. Schedule your showing today!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$22,572

Expenses

-$4,260

Property Taxes

-$4,030

Loan Payments

-$12,825

Net Cash Flow

$1,457

See 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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Listing Courtesy of:Bradley LaBrie
Keller Williams First
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240042601
Last Updated: 06/18/2024 14:06
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