19488 Cheyenne St
Detroit, MI 48235
List Price
$175,000
Initial Investment
$47,688Purchase Price
$175,000
Down Payment
25%
Rent
$1,390
Total Return
$55,167
Annualized Return
16.1%
Cap Rate
5.0%
Gross Yield
9.5%
Cash Flow
-$1,473
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,792
HOA
None
Flood Risk
Not Required
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$15,846Expenses
-$2,905Property Taxes
-$4,900Loan Payments
-$9,514Net Cash Flow
-$1,473See 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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Certified Agent Brokerage:Christopher Stjernholm
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SourceGreater Kalamazoo
MLS #24061405
Last Updated: 12/02/2024 14:12
MLS #24061405
Last Updated: 12/02/2024 14:12