9224 Plainview Ave
Detroit, MI 48228
List Price
$75,000
Initial Investment
$20,438Purchase Price
$75,000
Down Payment
25%
Rent
$1,250
Total Return
$39,304
Annualized Return
29.9%
Cap Rate
11.6%
Gross Yield
20%
Cash Flow
$3,734
Appreciation
4.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,356
HOA
None
Flood Risk
Not Required
GREAT OPPORTUNITY!! For a first-time home Buyer or Investor looking for a great opportunity to own this Beautiful 3-bedroom 2 story brick Tudor home. Nice beautiful hardwood floors, updated bright kitchen w/cabinets, new bathroom and windows, freshly painted throughout, not to mention a gorgeous fireplace, full basement with extra storage space, laundry area for a washer and dryer , Centrally located just off of evergreen, blocks away from warrendale neighborhood. All showings are schedule 24 hour notice. Buyer’s agent must be physically present for all showings. Buyer to pay seller’s agent/broker four hundred ninty five compliance & administration fee at closing. Property is sold AS-IS. All information is estimated, Buyer’s agent to verify all information. “TENANT” occupied no interior showing/inspection without accepted offer. Do not disturb the Tenant. Serious inquiries only. Any offers sent over the weekend will be responded to on Monday.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$14,250Expenses
-$4,389Property Taxes
-$2,050Loan Payments
-$4,077Net Cash Flow
$3,734See 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:David Robinson
Home Source Realty LLC
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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 #20240087686
Last Updated: 11/22/2024 11:11
MLS #20240087686
Last Updated: 11/22/2024 11:11