🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 12690 Asbury Park, Detroit, MI 48227
💰 Price: $75,000
🛏️ 3 bed | 🛁 2 bath | 📐 826 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,244
– Monthly Cash Flow: $431
– Cash on Cash Return: 34.52%
– Cap Rate: 12.8%

💸 DOWN PAYMENT: $15,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $368
– Property Tax: $96
– Insurance: $63
– Maintenance: $62
– Vacancy Reserve: $100
– Property Mgmt: $124

📝 PROPERTY DETAILS:
Come Check out this charming home with open concept and lots of charm.

🔗 Full Listing: https://www.zillow.com/homedetails/12690-Asbury-Park-Detroit-MI-48227/88580415_zpid/

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12690 Asbury Park, Detroit, MI 48227, Detroit, MI