13952 Rosemont Ave
Detroit, MI 48223
List Price
$85,000
Initial Investment
$23,163Purchase Price
$85,000
Down Payment
25%
Rent
$1,200
Total Return
$32,657
Annualized Return
21.6%
Cap Rate
8.7%
Gross Yield
16.9%
Cash Flow
$1,992
Appreciation
4.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,792
HOA
None
Flood Risk
Not Required
Discover Your Dream Home in Detroit's Grandmont Subdivision. This home offers a harmonious blend of comfort, potential, and community spirit. This inviting 3-bedroom, 2-bathroom house spans an impressive 1648 sqft, providing ample space for creativity and personalization. Inside, the natural fireplace in the living room stands as a focal point, promising cozy evenings and a warm ambiance throughout the colder months. The master bedroom is a retreat in itself, featuring a convenient half bath that enhances privacy and comfort. One of the most exciting aspects of this home is its renovation potential. Hardwood floors throughout. DIY enthusiasts and investors will find a canvas ripe for tranformation, making it possible to infuse your own style and preferences into every corne
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$13,680Expenses
-$4,667Property Taxes
-$2,400Loan Payments
-$4,621Net Cash Flow
$1,992See 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:Patricia Phillips
Agent License 6506029243
Real Estate One, Inc.
Agent License 6506029243
Real Estate One, Inc.
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24014683
Last Updated: 03/28/2024 16:03
MLS #24014683
Last Updated: 03/28/2024 16:03