2001 E Maple Rd

Birmingham, MI 48009
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2 bd, 1.5 ba | 964 sqft | Built in 1954

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List Price
$210,000

Initial Investment

$57,225

Purchase Price

$210,000

Down Payment

25%

Rent

$2,440

Total Return

$91,569

Annualized Return

22.9%

Cap Rate

7.7%

Gross Yield

13.9%

Cash Flow

$3,573

Appreciation

6.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

30,124

HOA

$225/mo

Flood Risk

Not Required

Discover your ideal home in this charming 2-bedroom townhouse, nestled in a small, friendly complex in the heart of Birmingham! This end unit boasts a spacious 17 ft primary bedroom, perfect for your personal retreat, along with a formal dining room ideal for entertaining. Recent updates, including vinyl windows, flooring, paint, lighting, bathroom and a furnace and A/C to ensure comfort year-round. With all appliances included and a full basement offering extra storage, this home is move-in ready! Plus, enjoy the convenience of keys at closing. Don’t miss out on this fantastic opportunity to experience the ultimate convenience with walkability to nearby restaurants and the Signature club LA fitness, Whole foods, parks, and downtown Birmingham

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

Annual Financial Highlights

Expected Rent

$27,816

Expenses

-$9,026

Property Taxes

-$3,800

Loan Payments

-$11,417

Net Cash Flow

$3,573

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.

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Listing Courtesy of:Laith Alkhafaji
KW Domain
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240088847
Last Updated: 11/27/2024 11:11
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