17450 Wood St
Melvindale, MI 48122
List Price
$145,900
Initial Investment
$39,758Purchase Price
$145,900
Down Payment
25%
Rent
$1,490
Total Return
$60,529
Annualized Return
21.1%
Cap Rate
6.7%
Gross Yield
12.3%
Cash Flow
$941
Appreciation
6.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,225
HOA
None
Flood Risk
Not Required
Cute 3 Br bungalow! 1 bath, Nice kitchen, Partially finished bsmt, central air, 2 car garage, fenced in yard! City inspection already ordered. Home Warranty with full price offer!!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,986Expenses
-$4,163Property Taxes
-$3,950Loan Payments
-$7,932Net Cash Flow
$941See 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:Stacey St. Clair
Agent License 6501399003
GPM Real Estate by eXp Realty
Agent License 6501399003
GPM Real Estate by eXp Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24017232
Last Updated: 04/12/2024 00:04
MLS #24017232
Last Updated: 04/12/2024 00:04