86 W Cornell Ave

Pontiac, MI 48340
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3 bd, 1 ba | 1,013 sqft | Built in 1959

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Sold

Exclusive

List Price
$83,995

Initial Investment

$22,889
Pre-approval letter or proof of funds required.
Features

Occupancy

Unspecified

Lease Start

06/01/2020

Lease End

06/30/2020

Lot Size

9,017

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Month-to-month
  • 3-bed, 1-bath
See more in Analysis

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Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$3,674

Property Taxes

-$1,500

Loan Payments

-$4,566

Net Cash Flow

$2,230

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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