26660 Clancy St

Roseville, MI 48066
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3 bd, 1 ba | 924 sqft | Built in 1950

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Curb View
List Price
$96,500

Initial Investment

$26,024

Purchase Price

$95,500

Down Payment

25%

Rent

$1,100

Total Return

$80,141

Annualized Return

35.3%

Cap Rate

8.4%

Gross Yield

13.8%

Cash Flow

$2,210

Appreciation

11.6%
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Features

Occupancy

Occupied

Lease Start

11/01/2020

Lease End

10/31/2021

Lot Size

6,098

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Leased through 10/31/2021
  • Property will be inspected in escrow
  • Taxes to be prorated in accordance with local practice at closing

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,238

Property Taxes

-$1,900

Loan Payments

-$5,192

Net Cash Flow

$2,210

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