13903 Bringard Dr
Detroit, MI 48205
List Price
$110,000
Initial Investment
$29,975Purchase Price
$110,000
Down Payment
25%
Rent
$1,150
Total Return
$34,946
Annualized Return
17.8%
Cap Rate
7.1%
Gross Yield
12.5%
Cash Flow
$1,200
Appreciation
4.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,227
HOA
None
Flood Risk
Not Required
Immerse yourself in the perfect blend of modern comfort and classic charm at 13903 Bringard Dr, Detroit. This 3-bed, 1-bath bungalow has undergone recent renovations, boasting a new roof, contemporary bathrooms, and an updated kitchen featuring new cabinets and a sleek range hood.
The layout offers a spacious third bedroom upstairs, providing flexibility and space. A versatile room in the basement can serve as an additional bedroom or office, catering to your needs. Safety is paramount in this community, enhancing your living experience.
With a detached 1-car garage, convenience is at your fingertips. The property has been appraised at the asking price, expediting the transaction process. It has also passed an FHA inspection, ensuring a seamless move-in process.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$13,110Expenses
-$2,929Property Taxes
-$3,000Loan Payments
-$5,980Net Cash Flow
$1,200See 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 #24004757
Last Updated: 04/03/2024 20:04
MLS #24004757
Last Updated: 04/03/2024 20:04