26296 Oakland St

Inkster, MI 48141
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3 bd, 1 ba | 930 sqft | Built in 1950

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List Price
$129,900

Initial Investment

$35,398

Purchase Price

$129,900

Down Payment

25%

Rent

$1,180

Total Return

$33,505

Annualized Return

14.3%

Cap Rate

5.9%

Gross Yield

10.9%

Cash Flow

-$45

Appreciation

4.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,748

HOA

None

Flood Risk

Not Required

Welcome Home! This delightful residence has been recently updated with a new roof, fresh carpeting, a modern furnace, and a brand-new hot water heater. Featuring three bedrooms, one bathroom, and a convenient one-car garage, it offers a perfect balance of comfort and functionality. Appliances including a washer, dryer, stove, and refrigerator are all included for your convenience. Situated in a prime location near the police station, restaurants, shopping centers, and parks, you'll enjoy both convenience and security. Plus, with a state-of-the-art security camera system installed, peace of mind is guaranteed. The home also boasts newer windows with a lifetime warranty, ensuring energy efficiency and long-term value. This will not last, Schedule your showing today!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$13,452

Expenses

-$2,785

Property Taxes

-$3,650

Loan Payments

-$7,062

Net Cash Flow

-$45

See 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:Hadeer Al-Alawi
Agent License 6501427706
Weichert, Realtors-Select
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24018138
Last Updated: 04/21/2024 02:04
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