26836 Yale St Inkster, MI 48141
2bd, 1ba | 720sqft | Built in 1950
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Initial Investment
$74,750
List Price: $70,000
Purchase Price
$70,000
Down Payment
100%
Rent
$825

Total Return
$23,128
Annualized Return
6.2%
Cap Rate
7.6%
Gross Yield
14.1%
Cash Flow
$4,727
Appreciation
1.4%
Features
Occupancy
Occupied
Lease Start
02/08/2019 
Lease End
01/31/2020 
Lot Size
6,098 
HOA
None
Flood Risk
Not Required
  • Attractive cap rate
  • Meets 1% rule
  • 30 mins to downtown Detroit

Annual Financial Highlight
Expected Rent
$9,405
Expenses
-$2,678
Property Taxes
-$2,000
Loan Payments
$0

Net Cash Flow
$4,727
Considerations
Property Characteristics    View Details

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