14545 Hoerning Ave

Warren, MI 48088
image0

2 bd, 1 ba | 902 sqft | Built in 1945

slider image
slider image
slider image
List Price
$139,000

Initial Investment

$37,878

Purchase Price

$139,000

Down Payment

25%

Rent

$1,220

Total Return

$79,540

Annualized Return

25.8%

Cap Rate

6.2%

Gross Yield

10.5%

Cash Flow

$363

Appreciation

9.4%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,890

HOA

None

Flood Risk

Not Required


See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$13,908

Expenses

-$2,828

Property Taxes

-$3,160

Loan Payments

-$7,557

Net Cash Flow

$363

See 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.

Similar Listings



Listing Courtesy of:Ellen Obsum
Agent License 6501316894
Coldwell Banker Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24016454
Last Updated: 04/09/2024 02:04
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.