25461 Hopkins St

Dearborn Heights, MI 48125
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3 bd, 1 ba | 1,032 sqft | Built in 1943

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List Price
$149,900

Initial Investment

$40,848

Purchase Price

$149,900

Down Payment

25%

Rent

$1,280

Total Return

$107,183

Annualized Return

29.0%

Cap Rate

5.5%

Gross Yield

10.2%

Cash Flow

-$683

Appreciation

11.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,227

HOA

None

Flood Risk

Not Required

NEAT AND CUTE 3 BEDROOM BUNGALOW WITH A FULL BASMENT. NEWER ROOF, NEWER WINDOWS, 2 CAR DETACHED GARAGE. REFINISHED HARDWOOD FLOORS, UPDATED KITCHEN, AND BATH. PERFECT STARTER HOME OR INVESTMENT PROPERTY LOOKING FOR THAT INVESTOR TO COLLECT THAT SWEAT EQUITY. NOTHING TO DO HERE BURT MOVE IN.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$14,592

Expenses

-$2,925

Property Taxes

-$4,200

Loan Payments

-$8,149

Net Cash Flow

-$683

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:Alex Saad
RE/MAX Team 2000
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240087095
Last Updated: 11/19/2024 16:11
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