9010 Westwood St

Detroit, MI 48228
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3 bd, 1 ba | 849 sqft | Built in 1949

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List Price
$98,000

Initial Investment

$26,705

Purchase Price

$98,000

Down Payment

25%

Rent

$1,200

Total Return

$37,674

Annualized Return

21.6%

Cap Rate

8.5%

Gross Yield

14.7%

Cash Flow

$2,301

Appreciation

4.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,227

HOA

None

Flood Risk

Not Required

INVESTMENT OPPORTUNITY: Brick home in attractive neighborhood with basement and garage. Home is currently rented at $1,150.00
Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

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

Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,351

Property Taxes

-$2,700

Loan Payments

-$5,328

Net Cash Flow

$2,301

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:Kristian Freiwald
Agent License 6504431020
Kristian Freiwald
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24060254
Last Updated: 11/20/2024 17:11
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