16838 Lilac St

Detroit, MI 48221
image0

3 bd, 1 ba | 1,224 sqft | Built in 1928

slider image
slider image
slider image
List Price
$64,000

Initial Investment

$13,625

Purchase Price

$50,000

Down Payment

25%

Rent

$683

Total Return

$33,729

Annualized Return

29.6%

Cap Rate

7.5%

Gross Yield

16.4%

Cash Flow

$544

Appreciation

10.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

10/11/2019

Lease End

10/10/2021

Lot Size

3,049

HOA

None

Flood Risk

Not Required

  • Section 8
  • Below market rent
  • No HOA

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$7,786

Expenses

-$2,623

Property Taxes

-$1,900

Loan Payments

-$2,718

Net Cash Flow

$544

See more in Financials

Similar Listings