16580 Strathmoor St
Detroit, MI 48235
List Price
$76,000
Initial Investment
$20,710Purchase Price
$76,000
Down Payment
25%
Rent
$800
Total Return
$28,998
Annualized Return
19.6%
Cap Rate
6.6%
Gross Yield
12.6%
Cash Flow
$310
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
04/01/2021
Lease End
03/31/2022
Lot Size
4,356
HOA
None
Flood Risk
Not Required
- Attractive cap rate
- Below market rent
- Near parks and schools
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,120Expenses
-$2,479Property Taxes
-$2,200Loan Payments
-$4,132Net Cash Flow
$310See more in Financials
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