24243 Wilmot Ave
Eastpointe, MI 48021
List Price
$120,000
Initial Investment
$32,700Purchase Price
$120,000
Down Payment
25%
Rent
$1,280
Total Return
$64,120
Annualized Return
25.2%
Cap Rate
6.8%
Gross Yield
12.8%
Cash Flow
$940
Appreciation
8.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,227
HOA
None
Flood Risk
Not Required
GREAT STARTER HOME or INVESTMENT OPPORTUNITY !! Turn Key ready for move in CHARMING 2 BEDROOM & 1 FULL BATH HOME! Vinyl Exterior, Updated Windows. Detached 1.5 Car Garage. Fenced Lot.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$14,592Expenses
-$3,298Property Taxes
-$3,830Loan Payments
-$6,524Net Cash Flow
$940See 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:Anne Deleo
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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240086693
Last Updated: 11/18/2024 12:11
MLS #20240086693
Last Updated: 11/18/2024 12:11