19350 Dale St

Detroit, MI 48219
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3 bd, 1 ba | 900 sqft | Built in 1951

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Curb View
List Price
$65,000

Initial Investment

$15,805

Purchase Price

$58,000

Down Payment

25%

Rent

$875

Total Return

$6,925

Annualized Return

9.1%

Cap Rate

9.2%

Gross Yield

18.1%

Cash Flow

$1,606

Appreciation

-0.8%
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Features

Occupancy

Occupied

Lease Start

02/18/2013

Lease End

08/31/2021

Lot Size

5,227

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Leased through 08/31/2021
  • Below market rent

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,975

Expenses

-$3,216

Property Taxes

-$2,000

Loan Payments

-$3,153

Net Cash Flow

$1,606

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