Single family home on Detroit’s west side. Contains 3 bedrooms and 1 bathroom.
Financial Snapshot
Income
Price: $ 55,000
Monthly Income: $700
Gross Yearly Income: $8,400
Net Annual Return: $5,860
Expenses
Yearly Taxes: $1,100
Insurance Cost: $600
Management Fee: $840
Return
ROI: 10.65%
Property Details
Structure Type: Colonial
Square Footage: 874 ft2
Bedrooms: 3
Bathrooms: 1
Garage: 2 car
Basement: YES