13757 Castleton St
Detroit, MI 48227
List Price
$55,000
Initial Investment
$53,795Purchase Price
$53,000
Down Payment
100%
Rent
$490
Total Return
$25,093
Annualized Return
8.7%
Cap Rate
5.8%
Gross Yield
11.1%
Cash Flow
$2,740
Appreciation
4.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
06/02/2019
Lease End
06/06/2023
Lot Size
3,920
HOA
None
Flood Risk
Not Required
- Please toggle between current and market rent to see a significant increase in cap rate and annual cash flow. Currently significantly below market rent
- House has been gutted out and redone as of Sept 2022 inside and outside. Pictures in inspection report no longer represent the current condition of the house. Please inquire for a list of repairs done.
See more in Analysis
Annual Financial Highlights
Expected Rent
$5,586Expenses
-$1,746Property Taxes
-$1,100Loan Payments
$0Net Cash Flow
$2,740See more in Financials
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