25137 Packard St Roseville, MI 48066
3bd, 1ba | 896sqft | Built in 1938
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Initial Investment
$68,760
List Price: $64,000
Purchase Price
$64,000
Down Payment
100%
Rent
$750

Total Return
$22,901
Annualized Return
6.7%
Cap Rate
8.2%
Gross Yield
14.1%
Cash Flow
$4,745
Appreciation
1.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
07/14/2018 
Lease End
07/31/2019 
Lot Size
6,970 
HOA
None
Flood Risk
Not Required
  • Two-story home in mature neighborhood
  • Meets 1% Rule, attractive cap rate
  • Close to schools, shopping, recreation
  • Easy access to employment centers, Lake St Clair Metropark (13 mi), Detroit (12 mi)
  • County Compliance Certificate available in Diligence Vault

Annual Financial Highlight
Expected Rent
$8,550
Expenses
-$2,505
Property Taxes
-$1,300
Loan Payments
$0

Net Cash Flow
$4,745
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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