20542 Ashton Ave
Detroit, MI 48219
List Price
$95,000
Initial Investment
$25,888Purchase Price
$95,000
Down Payment
25%
Rent
$1,490
Total Return
$20,524
Annualized Return
16.4%
Cap Rate
10.9%
Gross Yield
18.8%
Cash Flow
$4,360
Appreciation
-0.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,663
HOA
None
Flood Risk
Not Required
Great property located in a very well-maintained neighborhood. There are 3 bedrooms, living room/dinette area, natural fireplace, dine in kitchen, finished basement, with a bar & sink, a separate laundry room and a bathroom. There is an enclosed porch and a spacious backyard. Furniture included with the sale. This is an "AS IS" sale. Probate Court sale has already been approved. All room measurements are approximate. Buyer and Buyer's agent to verify all information. EMD to be held at 21st Century Elegant Homes. No Split Closings.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,986Expenses
-$4,862Property Taxes
-$2,600Loan Payments
-$5,165Net Cash Flow
$4,360See 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:Linda Williams
Agent License 6501355048
Linda J Williams
Agent License 6501355048
Linda J Williams
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240060792
Last Updated: 05/13/2025 00:05
MLS #20240060792
Last Updated: 05/13/2025 00:05