19296 Northrop St
Detroit, MI 48219
List Price
$85,000
Initial Investment
$20,438Purchase Price
$75,000
Down Payment
25%
Rent
$885
Total Return
$654
Annualized Return
0.7%
Cap Rate
6.9%
Gross Yield
14.2%
Cash Flow
$513
Appreciation
-0.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
12/01/2010
Lease End
03/31/2021
Lot Size
5,663
HOA
None
Flood Risk
Not Required
- Attractive cap rate
- Leased through 03/31/2021
- Below market rent
See more in Analysis
Annual Financial Highlights
Expected Rent
$10,089Expenses
-$2,898Property Taxes
-$2,600Loan Payments
-$4,077Net Cash Flow
$513See more in Financials
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