4911 Detroit St
Dearborn Heights, MI 48125
List Price
$219,900
Initial Investment
$59,923Purchase Price
$219,900
Down Payment
25%
Rent
$1,480
Total Return
$140,061
Annualized Return
25.5%
Cap Rate
3.8%
Gross Yield
8.1%
Cash Flow
-$4,236
Appreciation
11.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,314
HOA
None
Flood Risk
High Risk - Zone AE
Rare 5 bedroom beauty in extremely sought after Dearborn Heights. Kitchen remodeled in 2024. Hot water tank & Furnace 2019 -2020 Roof was done & has a life time warranty. Ac in 2021 siding and gutters in 2022
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,872Expenses
-$3,003Property Taxes
-$6,150Loan Payments
-$11,955Net Cash Flow
-$4,236See 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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SourceGreater Kalamazoo
MLS #24014615
Last Updated: 03/28/2024 03:03
MLS #24014615
Last Updated: 03/28/2024 03:03