20274 Kingsville St

Harper Woods, MI 48225
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2 bd, 1 ba | 690 sqft | Built in 1949

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List Price
$57,500

Initial Investment

$50,750

Purchase Price

$50,000

Down Payment

100%

Rent

$750

Total Return

$56,727

Annualized Return

18.1%

Cap Rate

9.1%

Gross Yield

18%

Cash Flow

$4,037

Appreciation

12.3%
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Features

Occupancy

Month To Month

Lease Start

07/01/2015

Lease End

M/M

Lot Size

4,792

HOA

None

Flood Risk

Not Required

  • Tenant is month to month

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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,913

Property Taxes

-$1,600

Loan Payments

$0

Net Cash Flow

$4,037

See more in Financials

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