14866 Shirley Ave
Warren, MI 48089
List Price
$119,900
Initial Investment
$32,673Purchase Price
$119,900
Down Payment
25%
Rent
$1,130
Total Return
$49,467
Annualized Return
20.5%
Cap Rate
6.1%
Gross Yield
11.3%
Cash Flow
$184
Appreciation
7.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
11,326
HOA
None
Flood Risk
Not Required
Looking for your first home that needs no work? You've found it here! Sprawling brick ranch with beautiful hardwood floors in most rooms, bricked fireplace in living room, tons of natural light through large windows. Two big bedrooms, one currently being used as an office so working from home is not an issue. Kitchen appliances stay. Portable A/C units are being left in the house to cool you off in the summer. Pull-down attic access in laundry room. Brand new roof on house and garage in September, 2024. Enormous park-like yard completely fenced in for your pets. Great starter home, great for investors!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$12,882Expenses
-$2,719Property Taxes
-$3,460Loan Payments
-$6,518Net Cash Flow
$184See 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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SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240088388
Last Updated: 11/25/2024 15:11
MLS #20240088388
Last Updated: 11/25/2024 15:11