- 1,452 sq ft
- 4 Beds
- 2 Baths
Discover this rent-ready Single Family home in Detroit that offers a generous living space of 1,452 square feet, featuring 4 bedrooms and 2 bathrooms. Priced at $86,000, this property is already updated and is currently listed on the rental market for USD 1,050 per month.
Once rented, the property is expected to generate an attractive net annual yield of 10.17%.
The estimated net yield shown on the right represents the potential return, calculated based on the Purchase Price and the information provided in the Yield Projections box. Please keep in mind that these figures are estimates based on current market values and may vary with market conditions and other factors.
Disclaimer
Please note that OPISAS operates solely as a platform connecting property buyers and sellers. We are not real estate agents or a Multiple Listing Service (MLS). While we strive for accuracy, property information and investment opportunities on our platform are sourced from external providers. We do not guarantee the validity or suitability of these investments. All information provided is deemed reliable but should be independently verified. Some properties displayed may have sold or become unavailable. Investing in real estate carries risks. We strongly recommend conducting due diligence and seeking independent advice before any financial commitments. Consult legal and financial professionals to assess property viability and compliance with local laws. OPISAS disclaims any responsibility for decisions or actions based on the information provided on our platform.
Transaction Details:
- Property IDMPMIDE995
- TypeSingle Family
- ConditionVacant
- Beds4
- Baths2
- Size1,452 sq ft/134 ㎡
Purchase details:
- Purchase Price$86,000.00
- Closing Cost Estimate$3,100.00
- Property Finding Fee$3,100.00
- Total$92,200.00
Yield Projections:
- Estimate Average Rent$1,200.00 p/m
- Property Taxes$121.00 p/m
- Insurance$96.00 p/m
- Property Management$120.00 p/m
- Net yield $$10,356.00 p/a
- Net yield %12.04% p/a
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Disclaimer
Please note that OPISAS operates solely as a platform connecting property buyers and sellers. We are not real estate agents or a Multiple Listing Service (MLS). While we strive for accuracy, property information and investment opportunities on our platform are sourced from external providers. We do not guarantee the validity or suitability of these investments. All information provided is deemed reliable but should be independently verified. Some properties displayed may have sold or become unavailable. Investing in real estate carries risks. We strongly recommend conducting due diligence and seeking independent advice before any financial commitments. Consult legal and financial professionals to assess property viability and compliance with local laws. OPISAS disclaims any responsibility for decisions or actions based on the information provided on our platform.