22328 Ira Blvd

Warren, MI 48091
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3 bd, 1 ba | 988 sqft | Built in 1954

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List Price
$94,999

Initial Investment

$25,653

Purchase Price

$89,000

Down Payment

25%

Rent

$1,100

Total Return

$59,520

Annualized Return

29.1%

Cap Rate

7.9%

Gross Yield

14.8%

Cash Flow

$1,562

Appreciation

9.9%
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Features

Occupancy

Occupied

Lease Start

04/25/2018

Lease End

05/31/2019

Lot Size

7,405

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,640

Property Taxes

-$2,500

Loan Payments

-$4,839

Net Cash Flow

$1,562

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