17475 Lowell St

Roseville, MI 48066
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2 bd, 1 ba | 580 sqft | Built in 1920

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List Price
$71,750

Initial Investment

$19,429

Purchase Price

$69,500

Down Payment

25%

Rent

$850

Total Return

$58,155

Annualized Return

34.8%

Cap Rate

8.7%

Gross Yield

14.7%

Cash Flow

$1,669

Appreciation

11.6%
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Features

Occupancy

Unspecified

Lease Start

12/01/2018

Lease End

12/31/2019

Lot Size

4,356

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Near schools, shops, and dining
  • 30 minutes to Ford Motor Company World Headquarters
  • Taxes to be prorated in accordance with local practice at closing

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,742

Property Taxes

-$1,500

Loan Payments

-$3,778

Net Cash Flow

$1,669

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