96 Ahrens St

Mount Clemens, MI 48043
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4 bd, 4 ba | 2,406 sqft | Built in 1897

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List Price
$144,500

Initial Investment

$34,063

Purchase Price

$125,000

Down Payment

25%

Rent

$2,250

Total Return

$104,802

Annualized Return

37.6%

Cap Rate

10.5%

Gross Yield

21.6%

Cash Flow

$5,067

Appreciation

10.3%
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Features

Occupancy

Vacant

Property Type

Triplex

Lot Size

10,454

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Located in a quiet, established neighborhood
  • Within minutes of Gowane Golf & Country Club
  • 2 units vacant 1 occupied

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Annual Financial Highlights

Expected Rent

$25,650

Expenses

-$8,187

Property Taxes

-$5,600

Loan Payments

-$6,796

Net Cash Flow

$5,067

See more in Financials

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