16767 Oakfield St
Detroit, MI 48235
List Price
$80,000
Initial Investment
$21,800Purchase Price
$80,000
Down Payment
25%
Rent
$700
Total Return
$27,100
Annualized Return
17.3%
Cap Rate
5.6%
Gross Yield
10.5%
Cash Flow
-$319
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,356
HOA
None
Flood Risk
Not Required
This charming 3BR/1BA home needs some TLC but offers endless possibilities for renovation or remodeling. Bring your finishing touch and turn this into your home for the holidays! Sold as-is. Schedule your showing today!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$7,980Expenses
-$1,700Property Taxes
-$2,250Loan Payments
-$4,349Net Cash Flow
-$319See 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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SourceGreater Kalamazoo
MLS #24060121
Last Updated: 11/20/2024 08:11
MLS #24060121
Last Updated: 11/20/2024 08:11