27637 Pembroke St

Livonia, MI 48152
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1 bd, 1 ba | 900 sqft | Built in 1941

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List Price
$139,000

Initial Investment

$37,878

Purchase Price

$139,000

Down Payment

25%

Rent

$1,380

Total Return

$71,109

Annualized Return

24.4%

Cap Rate

6.7%

Gross Yield

11.9%

Cash Flow

$959

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,356

HOA

None

Flood Risk

Not Required

The best open layout home - feels so spacious and the updates are many. Windows have been replaced, roof 2022, hot water heater 2023, programmable Google home thermostat, keyless entry on the front door - and the oversized garage is a huge bonus -built in 2020. The kitchen offers a stylish backsplash, auto-on water by tapping the corner of the sink, cupboard organizers, gas stove, and refrigerator. The full bath was a complete remodel with ceramic tile flooring, shower/tub, toilet,
electrical, fan, lighting and vanity. The carefree yard offers minimal maintenance and many perennial plantings, plus a nice deck off the back. Upstairs is the large master bedroom (furniture remains). If a second bedroom is needed, the wall can be put back up on the main floor currently part of the main living room area. Very cute turn-key home.

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

Annual Financial Highlights

Expected Rent

$15,732

Expenses

-$3,416

Property Taxes

-$3,800

Loan Payments

-$7,557

Net Cash Flow

$959

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:Jennifer Zardus
The Agency Hall & Hunter
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240088066
Last Updated: 11/22/2024 17:11
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