16154 Westbrook St
Detroit, MI 48219
List Price
$100,000
Initial Investment
$27,250Purchase Price
$100,000
Down Payment
25%
Rent
$1,290
Total Return
$11,850
Annualized Return
9.1%
Cap Rate
8.9%
Gross Yield
15.5%
Cash Flow
$2,752
Appreciation
-0.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,098
HOA
None
Flood Risk
Not Required
If you're looking for a brick, 3 bedroom house in very good condition for $100,000 you have found your house! This skillfully renovated colonial on Detroit's westside features a tastefully updated kitchen with new tile flooring, cabinets and counters, and a beautifully and fully renovated upstairs full bathroom. Original hardwoods throughout! Could be a perfect starter home for those needing 3 bedrooms with a highly functional and roomy-feeling floorplan. The freshly painted basement offers a newer furnace, cabinetry for additional storage and possible extra living space. Outside, you'll love having a garage, large, fenced-in backyard, all within walking distance to Meijer and shopping. Schedule a showing today!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$14,706Expenses
-$3,718Property Taxes
-$2,800Loan Payments
-$5,437Net Cash Flow
$2,752See 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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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #81025014978
Last Updated: 04/20/2025 01:04
MLS #81025014978
Last Updated: 04/20/2025 01:04