15900 LAUDER ST

DETROIT, MI 48227
image0

3 bd, 1 ba | 1,167 sqft | Built in 1929

slider image
slider image
slider image

Favorite

List Price
$65,000

Initial Investment

$17,713

Purchase Price

$65,000

Down Payment

25%

Rent

$1,190

Total Return

$37,687

Annualized Return

33.3%

Cap Rate

12.7%

Gross Yield

22.0%

Cash Flow

$3,918

Appreciation

4.7%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,227

HOA

None

Flood Risk

Not Required

Investors dream! Checkout this three bedroom brick home on Detroit's Westside. With a large, fenced in yard, detached garage and basement it has unlimited potential! Great location near many shops and restaurants with easy freeway access. Ready for you to take on and flip! BATVAI.

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$13,566

Expenses

-$4,314

Property Taxes

-$1,800

Loan Payments

-$3,534

Net Cash Flow

$3,918

See 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.
View Options

Similar Listings



Listing Courtesy of:Angela Washington
Rondo Investment LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250010033
Last Updated: 02/14/2025 18:02
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.