30164 Glenwood St
Inkster, MI 48141
List Price
$105,000
Initial Investment
$28,613Purchase Price
$105,000
Down Payment
25%
Rent
$1,240
Total Return
$38,897
Annualized Return
20.8%
Cap Rate
8.2%
Gross Yield
14.2%
Cash Flow
$2,189
Appreciation
4.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Very nice ranch on a deeper (134') lot with a garage at a great price. Kitchen features raised panel cherry stain cabinets with granite look laminate counters. Bathroom features ceramic floor, pedestal sink and acrylic tub surround. Neutral paint throughout. Steel entry doors and vinyl windows. First floor laundry. Taxes are currently non-homestead but will be rated at a lower millage for an owner occupant buyer. Owner has ordered city inspections, completed city required repairs and will supply a certificate of occupancy for closing. A licensed agent must be physically present for all appointments...no exceptions.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$14,136Expenses
-$3,389Property Taxes
-$2,850Loan Payments
-$5,708Net Cash Flow
$2,189See 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:John Graham
John Graham Realty, LLC
John Graham Realty, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240028405
Last Updated: 05/02/2024 19:05
MLS #20240028405
Last Updated: 05/02/2024 19:05