🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 12293 Kilbourne St, Detroit, MI 48213
💰 Price: $55,000
🛏️ 4 bed | 🛁 2 bath | 📐 1,637 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,312
– Monthly Cash Flow: $624
– Cash on Cash Return: 68.1%
– Cap Rate: 19.51%

💸 DOWN PAYMENT: $11,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $270
– Property Tax: $70
– Insurance: $46
– Maintenance: $66
– Vacancy Reserve: $105
– Property Mgmt: $131

🔗 Full Listing: https://www.zillow.com/homedetails/12293-Kilbourne-St-Detroit-MI-48213/88392082_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

12293 Kilbourne St, Detroit, MI 48213, Detroit, MI

Property Images