1436 Hartwig Dr

Troy, MI 48085
image0

3 bd, 1 ba | 1,316 sqft | Built in 1947

slider image
slider image
slider image
List Price
$199,900

Initial Investment

$54,473

Purchase Price

$199,900

Down Payment

25%

Rent

$1,800

Total Return

$98,615

Annualized Return

24.2%

Cap Rate

7.0%

Gross Yield

10.8%

Cash Flow

$2,279

Appreciation

7.5%
refreshReset to Default
Edit Assumptions
Features

Lot Size

0

HOA

None

Flood Risk

Not Required

Amazing potential in a great location on a large, park-like yard.
The house is gutted and will need a full rehab. Foundation repairs have been professionally made with a transferable warranty.
Listing agent has an ownership interest

See more in Analysis
Jeff Grice
Roofstock Realty, LLC - MI
MI Agent License #6504431331
Annual Financial Highlights

Expected Rent

$20,520

Expenses

-$4,023

Property Taxes

-$3,350

Loan Payments

-$10,868

Net Cash Flow

$2,279

See more in Financials

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.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

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.

Similar Listings



Listing Courtesy of:Ray Nemeckay
KW Metro
Certified Agent Brokerage:Jeff Grice
Roofstock Realty, LLC - MI
MI Brokerage License 6505432203
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20230041459
Last Updated: 05/26/2023 16:05
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.