3012 Sturges St

Port Huron, MI 48060
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3 bd, 1 ba | 979 sqft | Built in 1921

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List Price
$60,000

Initial Investment

$16,350

Purchase Price

$60,000

Down Payment

25%

Rent

$1,210

Total Return

$66,032

Annualized Return

49.8%

Cap Rate

14.9%

Gross Yield

24.2%

Cash Flow

$4,856

Appreciation

11.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Investor delight. This 3 bedroom 1 bath home is waiting to be restored. The home experienced a Fire in January of 2023 and does need to be gutted completely, however the structure is solid and able to be saved. Do not miss the opportunity to transform this place. Home is being sold as 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

$13,794

Expenses

-$4,386

Property Taxes

-$1,290

Loan Payments

-$3,262

Net Cash Flow

$4,856

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:Tiffanie Bissett
Sine & Monaghan Realtors LLC St Clair
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #58050161344
Last Updated: 11/18/2024 17:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.