23709 W Chicago
Redford, MI 48239
List Price
$114,900
Initial Investment
$31,310Purchase Price
$114,900
Down Payment
25%
Rent
$1,470
Total Return
$108,308
Annualized Return
38.3%
Cap Rate
8.9%
Gross Yield
15.4%
Cash Flow
$3,149
Appreciation
12.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,400
HOA
None
Flood Risk
Not Required
Nice Redford starter home or investment property. Seller will help with closing costs. Nice sized yard and sunroom. Updated granite counter tops. South Redford schools.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,763Expenses
-$4,217Property Taxes
-$3,150Loan Payments
-$6,247Net Cash Flow
$3,149See 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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SourceGreater Kalamazoo
MLS #24004559
Last Updated: 04/24/2024 17:04
MLS #24004559
Last Updated: 04/24/2024 17:04