26200 Stanford St Inkster, MI 48141
3bd, 1ba | 1,014sqft | Built in 1950
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Initial Investment
$64,479
List Price: $61,950
Purchase Price
$61,950
Down Payment
100%
Rent
$825

Total Return
$23,226
Annualized Return
7.2%
Cap Rate
8.0%
Gross Yield
16.0%
Cash Flow
$4,373
Appreciation
1.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
08/26/2019 
Lease End
08/31/2020 
Lot Size
5,314 
HOA
None
Flood Risk
Not Required
  • Meets 1% Rule
  • Tenant leased through August 2020
  • Close proximity to major roadways through Detroit, MI

Annual Financial Highlight
Expected Rent
$9,405
Expenses
-$2,932
Property Taxes
-$2,100
Loan Payments
$0

Net Cash Flow
$4,373
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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