25382 Pearl St
Roseville, MI 48066
List Price
$175,000
Initial Investment
$47,688Purchase Price
$175,000
Down Payment
25%
Rent
$1,490
Total Return
$127,805
Annualized Return
30.2%
Cap Rate
6.1%
Gross Yield
10.2%
Cash Flow
$462
Appreciation
11.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,227
HOA
None
Flood Risk
Not Required
This home is perfect for someone who wants options - Live in one unit and rent out the other, rent out both, or easily convert back to a single-family home. Rental Certified by Roseville through October 2025!!! Updates include full tear-off re-sheet reshingle roof in July 2023, upper HWT July 2023, interior updates, and more. Previously rented for 2 years: Lower unit at $1,250/month, and upper unit at $950/month. Note: Separate entrances CAN BE VERY EASILY CONVERTED back to single family. Access to stairway leading up has been sealed off in the main floor unit kitchen. There is a private entrance in the rear for the upper level. The stairway from interior to upper is still in place, easily remove one wall. Separate furnaces and hot water tanks. Close to all freeways and major streets, with shopping just around the corner.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,986Expenses
-$3,230Property Taxes
-$3,780Loan Payments
-$9,514Net Cash Flow
$462See 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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SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240086355
Last Updated: 11/16/2024 11:11
MLS #20240086355
Last Updated: 11/16/2024 11:11