4025 Nottingham Cir # 120
Independence, MI 48346
List Price
$369,000
Initial Investment
$100,553Purchase Price
$369,000
Down Payment
25%
Rent
$3,360
Total Return
$160,101
Annualized Return
22.1%
Cap Rate
6.5%
Gross Yield
10.9%
Cash Flow
$3,696
Appreciation
6.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Property Type
Townhouse
Lot Size
0
HOA
$0/mo
Flood Risk
Not Required
This newly built townhome features 3 bedrooms, 2.5 baths, wood floors, nine-foot ceilings, and an open floor plan. The kitchen includes soft-close cabinets, quartz countertops, stainless steel appliances, and a large island perfect for entertaining. Upstairs, the primary suite offers a tray ceiling, walk-in closet, and en suite bath. There's also a second full bath, laundry area, and plenty of storage. The two-car garage. Located near expressways, shopping, and dining in The Townes at Waldon Village.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$38,304Expenses
-$6,407Property Taxes
-$8,140Loan Payments
-$20,061Net Cash Flow
$3,696See 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:Euridice Gallardo
Berkshire Hathaway HomeServices Michigan Real Est
Berkshire Hathaway HomeServices Michigan Real Est
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250017091
Last Updated: 03/14/2025 15:03
MLS #20250017091
Last Updated: 03/14/2025 15:03