20085 Inkster Rd
Livonia, MI 48152
List Price
$200,000
Initial Investment
$54,500Purchase Price
$200,000
Down Payment
25%
Rent
$2,750
Total Return
$132,924
Annualized Return
32.4%
Cap Rate
9.6%
Gross Yield
16.5%
Cash Flow
$7,145
Appreciation
8.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,663
HOA
None
Flood Risk
Not Required
Your new Livonia home waits! With 1500 square feet, this charming bungalow has room for everyone. Two bedrooms upstairs and two bedrooms downstairs can make for the perfect office or guest room space. Enjoy indoor and outdoor entertainment in either the unfinished basement perfect to turn into the mancave of your dreams or on the large deck off the back yard to host those summer night BBQs. Recent updates mean this home is move in ready with all the "big stuff" completed such as new roof, new AC, new hot water heater. Start the new year off with your new home by scheduling your private showing today! One or more photos have been virtually staged.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$31,350Expenses
-$7,932Property Taxes
-$5,400Loan Payments
-$10,873Net Cash Flow
$7,145See 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:Garrett Huffman
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Certified Agent Brokerage:Christopher Stjernholm
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AZ Brokerage License BR689329000
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SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240089800
Last Updated: 12/03/2024 22:12
MLS #20240089800
Last Updated: 12/03/2024 22:12