4266 Pitt St
Ecorse, MI 48229
List Price
$179,000
Initial Investment
$48,778Purchase Price
$179,000
Down Payment
25%
Rent
$1,300
Total Return
$67,198
Annualized Return
17.7%
Cap Rate
4.1%
Gross Yield
8.7%
Cash Flow
-$2,975
Appreciation
8.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,030
HOA
None
Flood Risk
Not Required
Exclusive! A must see ! This large town house has just been completely renovated.
2 minutes from Dingell Park on the banks of the Detroit River and 3 minutes from
Wyandotte. With easy access to downtown Detroit east and northwest, the property is 19 minutes from
DTW.
Double lot is a perfect play area for children and pet.
At the back of the house, you will find a garage completely repainted like the house.
Garage has a roll up door that can accommodate two or more cars.
This 1628 Sq ft house is very spacious, very well designed since there are almost no hallways. It includes 5 large bedrooms, a brand new kitchen, and 2 new bathrooms with new vanities and faucets
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$14,820Expenses
-$3,063Property Taxes
-$5,000Loan Payments
-$9,731Net Cash Flow
-$2,975See 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:Gilbert Borman
Agent License 6504348186
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Agent License 6504348186
Ville Nouvelle Realty, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24017421
Last Updated: 04/22/2024 03:04
MLS #24017421
Last Updated: 04/22/2024 03:04