26560 Ridgemont St

Roseville, MI 48066
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3 bd, 1 ba | 960 sqft | Built in 1951

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List Price
$119,900

Initial Investment

$32,673

Purchase Price

$119,900

Down Payment

25%

Rent

$1,360

Total Return

$102,640

Annualized Return

36.2%

Cap Rate

8.7%

Gross Yield

13.6%

Cash Flow

$3,156

Appreciation

11.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,534

HOA

None

Flood Risk

Not Required

Everything you need on one level with spacious kitchen and laundry area. Large eat-in kitchen with opening to living room. All appliances stay. Updated
furnace, windows, concrete and flooring. Nice home to make your own, immediate occupancy. BATVAI.

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

Annual Financial Highlights

Expected Rent

$15,504

Expenses

-$3,630

Property Taxes

-$2,200

Loan Payments

-$6,518

Net Cash Flow

$3,156

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:Stacy Damman
Agent License 6502432212
Open The Door Realty LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24060806
Last Updated: 11/25/2024 08:11
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