13903 Winthrop St
Detroit, MI 48227
List Price
$85,000
Initial Investment
$23,163Purchase Price
$85,000
Down Payment
25%
Rent
$1,140
Total Return
$35,563
Annualized Return
23.6%
Cap Rate
9.3%
Gross Yield
16.1%
Cash Flow
$2,540
Appreciation
4.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,356
HOA
None
Flood Risk
Not Required
*Charming Updated Starter Home in Detroit - 13903 Winthrop Street**
Welcome to your new home! This beautifully updated starter home located at 13903 Winthrop Street, Detroit, MI, offers modern comfort and classic charm. Featuring three spacious bedrooms and one stylishly renovated bathroom, this home is perfect for first-time buyers or those looking to downsize.
Enjoy the blend of comfort and convenience in this lovely home. Don’t miss the opportunity to make 13903 Winthrop Street your own! Schedule a showing today and envision the possibilities.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$12,996Expenses
-$3,495Property Taxes
-$2,340Loan Payments
-$4,621Net Cash Flow
$2,540See 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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Listing Courtesy of:Jessica Turner
Brookstone, Realtors LLC
Brookstone, Realtors LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240054300
Last Updated: 07/26/2024 10:07
MLS #20240054300
Last Updated: 07/26/2024 10:07