8165 Englewood Dr
Clarkston, MI 48346
List Price
$400,000
Initial Investment
$109,000Purchase Price
$400,000
Down Payment
25%
Rent
$3,100
Total Return
$155,185
Annualized Return
19.6%
Cap Rate
5.9%
Gross Yield
9.3%
Cash Flow
$547
Appreciation
6.7%
Reset to DefaultEdit Assumptions
Features
Lot Size
0
HOA
None
Flood Risk
Not Required
Nice spacious raised Ranch, Split level home w/Clarkston Schools in a gorgeous neighborhood - No association fees. Huge beautiful yard (all Fenced in) almost 1/2 acre. 3 tier cedar deck and extra large enclosed sun room over looking back yard, offer a lot of privacy. This home has a lot of updates. 2015 New roof, new flooring, driveway repaving, New gutters. All appliances stay. Primary Bedroom offers deck w/views and 2 walk in closets and a jetted tub. The lower level has a walk out and fireplace. This large home has a lot to offer. A must see close to main roads for commuting ease, yet tucked away w/tons of privacy. This house has a lot of features and won't last long.
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Jeff Grice
Roofstock Realty, LLC - MI
MI Agent License #6504431331
Annual Financial Highlights
Expected Rent
$35,340Expenses
-$6,397Property Taxes
-$6,650Loan Payments
-$21,746Net Cash Flow
$547See 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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Listing Courtesy of:Madeline Dishon
RE/MAX Encore
RE/MAX Encore
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 #20230041299
Last Updated: 05/25/2023 20:05
MLS #20230041299
Last Updated: 05/25/2023 20:05