22624 Argus
Detroit, MI 48219
List Price
$140,000
Initial Investment
$38,150Purchase Price
$140,000
Down Payment
25%
Rent
$1,430
Total Return
$3,012
Annualized Return
1.7%
Cap Rate
6.9%
Gross Yield
12.3%
Cash Flow
$1,295
Appreciation
-0.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
9,148
HOA
None
Flood Risk
Not Required
NICE 3 BED ROOM RANCH.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,302Expenses
-$3,596Property Taxes
-$3,800Loan Payments
-$7,611Net Cash Flow
$1,295See 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:Michael Belcastro
Agent License 6502132284
Michael J Belcastro
Agent License 6502132284
Michael J Belcastro
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 #20250005543
Last Updated: 06/12/2025 06:06
MLS #20250005543
Last Updated: 06/12/2025 06:06