33809 Calumet Ct
Westland, MI 48186
List Price
$99,900
Initial Investment
$26,705Purchase Price
$98,000
Down Payment
25%
Rent
$1,100
Total Return
$64,880
Annualized Return
29.1%
Cap Rate
7.0%
Gross Yield
13.5%
Cash Flow
$886
Appreciation
10.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
04/20/2022
Lease End
04/20/2023
Lot Size
8,930
HOA
None
Flood Risk
Not Required
- This property has been fully renovated: brand new roof, brand new furnace, new paint, updated kitchen cabinets and countertops with new appliances, new vinyl plank flooring, new carpet
- This property also has a certificate of occupancy from Westland and the tenant has paid for the entire year up front
- Close to restaurants, schools and churches
See more in Analysis
Annual Financial Highlights
Expected Rent
$12,540Expenses
-$3,527Property Taxes
-$2,800Loan Payments
-$5,328Net Cash Flow
$886See more in Financials
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