16575 MENDOTA ST
DETROIT, MI 48221
List Price
$155,000
Initial Investment
$42,238Purchase Price
$155,000
Down Payment
25%
Rent
$1,470
Total Return
$99,578
Annualized Return
28.1%
Cap Rate
6.4%
Gross Yield
11.4%
Cash Flow
$750
Appreciation
10.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,356
HOA
None
Flood Risk
Not Required
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,758Expenses
-$3,382Property Taxes
-$4,200Loan Payments
-$8,427Net Cash Flow
$750See 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
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Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #81025015005
Last Updated: 04/15/2025 20:04
MLS #81025015005
Last Updated: 04/15/2025 20:04