7520 Westminster Avenue

Warren, MI 48091
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2 bd, 1.5 ba | 720 sqft | Built in 1950

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List Price
$75,000

Initial Investment

$20,301

Purchase Price

$74,500

Down Payment

25%

Rent

$975

Total Return

$55,860

Annualized Return

33.9%

Cap Rate

9.3%

Gross Yield

15.7%

Cash Flow

$2,224

Appreciation

9.9%
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Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

5,227

HOA

None

Flood Risk

Not Required

  • Vacant property
  • Strong cap rate
  • Long driveway
  • Tree-lined neighborhood

See more in Analysis

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Annual Financial Highlights

Expected Rent

$11,115

Expenses

-$3,441

Property Taxes

-$1,400

Loan Payments

-$4,050

Net Cash Flow

$2,224

See more in Financials

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