17728 Toepfer Dr

Eastpointe, MI 48021
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3 bd, 1 ba | 1,060 sqft | Built in 1947

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List Price
$119,000

Initial Investment

$32,428

Purchase Price

$119,000

Down Payment

25%

Rent

$1,250

Total Return

$69,241

Annualized Return

27.6%

Cap Rate

7.7%

Gross Yield

12.6%

Cash Flow

$1,998

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,356

HOA

None

Flood Risk

Not Required

This newly updated 3-bedroom, 1-bath bungalow features a cozy layout with a spacious fenced-in backyard and a detached 1-car garage. The upstairs bedroom boasts brand new carpeting, adding a fresh touch to the interior.
Ideal for first-time homebuyers or those looking to downsize, this property offers a comfortable living space in a convenient location.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$3,193

Property Taxes

-$2,590

Loan Payments

-$6,469

Net Cash Flow

$1,998

See 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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Listing Courtesy of:Amber Boone
Agent License 6501430943
EXP Realty Taylor
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24015376
Last Updated: 05/04/2024 14:05
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