21136 Nummer St

Warren, MI 48089
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4 bd, 1.5 ba | 1,188 sqft | Built in 1947

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List Price
$85,000

Initial Investment

$22,073

Purchase Price

$81,000

Down Payment

25%

Rent

$1,000

Total Return

$41,820

Annualized Return

26.0%

Cap Rate

8.4%

Gross Yield

14.8%

Cash Flow

$1,707

Appreciation

7.1%
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Features

Occupancy

Occupied

Lease Start

07/01/2020

Lease End

06/30/2022

Lot Size

9,583

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$3,589

Property Taxes

-$1,700

Loan Payments

-$4,404

Net Cash Flow

$1,707

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