Detroit real estate investment property at its best!
This turnkey brick rental has a tenant paying $900/mo and is in a premium neighborhood.
Instant cash flow with a wonderful upside in a few years.
Purchase Price: $55,000
Monthly Rent: $900/mo
Annual Rent: $10,800
Annual Taxes: $1140
Annual Insurance: $700 *estimated
Annual Property Management: $1080
Annual City Inspection: $150
Net Income: $7730
Estimated Cash on Cash Return: 14%
Get these and other easy, turnkey rentals with excellent ROI by contacting us here: https://www.detroitinvestmentpros.com/go/investment-properties/
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