13879 Knox Ave
Warren, MI 48089
List Price
$145,000
$7.5K
Initial Investment
$39,513Purchase Price
$145,000
Down Payment
25%
Rent
$1,140
Total Return
$55,928
Annualized Return
19.1%
Cap Rate
5.5%
Gross Yield
9.4%
Cash Flow
-$511
Appreciation
7.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,920
HOA
None
Flood Risk
Not Required
Perfectly set on a quiet street - this modern style home is one you don't want to miss. The living room and kitchen are warm and inviting with accents of wood and recessed lighting throughout. Bathrooms feature a modern style design with plenty of room and updated mechanicals, electric, and plumbing. Large bedrooms throughout with newer windows. The home has high end finishes with LVP flooring, pine mouldings, real wood shaker cabinets, plus more. You'll enjoy the exterior finishes on this striking home with a new driveway, complete waterproofing system, new roof, and new siding. The property is the closest thing to a NEW BUILD, not a single renovation was left forgotten on this gorgeous home. The newly paved patio and walkway will ensure you enjoy the backyard both morning and night.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$12,996Expenses
-$2,874Property Taxes
-$2,750Loan Payments
-$7,883Net Cash Flow
-$511See 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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MLS #24014707
Last Updated: 04/11/2024 20:04
MLS #24014707
Last Updated: 04/11/2024 20:04