47916 Card Rd
Macomb, MI 48044
List Price
$375,000
Initial Investment
$102,188Purchase Price
$375,000
Down Payment
25%
Rent
$2,280
Total Return
$113,032
Annualized Return
15.0%
Cap Rate
4.2%
Gross Yield
7.3%
Cash Flow
-$5,822
Appreciation
6.8%
Reset to DefaultEdit Assumptions
Features
Lot Size
0
HOA
None
Flood Risk
Not Required
Move in and start enjoying your new home! This 3-bedroom split ranch features an open floor plan with multiple gas fireplaces, full of natural light with an abundance of windows. The primary bedroom has a vaulted ceiling, private door to the patio, private ensuite with jacuzzi tub, separate shower and double sink. Closet organizer in walk in closet. Spacious kitchen and large nook with door wall that leads to your beautiful stamped concrete patio in a fenced in backyard. Recent updates include new carpet in 2 bedrooms, beautiful low maintenance luxury wood plank flooring through out, beautiful finished Basement with a gas fire place and a custom built bar for the perfect space to entertain. Schedule your private showing today before it's gone! IMMEDIATE OCCUPANCY
See more in Analysis
Jeff Grice
Roofstock Realty, LLC - MI
MI Agent License #6504431331
Annual Financial Highlights
Expected Rent
$25,992Expenses
-$4,627Property Taxes
-$6,800Loan Payments
-$20,387Net Cash Flow
-$5,822See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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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Certified Agent Brokerage:Jeff Grice
Roofstock Realty, LLC - MI
MI Brokerage License 6505432203
Roofstock Realty, LLC - MI
MI Brokerage License 6505432203
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #58050110165
Last Updated: 05/26/2023 09:05
MLS #58050110165
Last Updated: 05/26/2023 09:05