🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 14622 Faircrest St, Detroit, MI 48205
💰 Price: $69,900
🛏️ 2 bed | 🛁 1 bath | 📐 1,540 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,528
– Monthly Cash Flow: $686
– Cash on Cash Return: 58.88%
– Cap Rate: 17.67%

💸 DOWN PAYMENT: $13,980

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $343
– Property Tax: $89
– Insurance: $58
– Maintenance: $76
– Vacancy Reserve: $122
– Property Mgmt: $153

📝 PROPERTY DETAILS:
2 Bedroom Bungalow with full basement and 1.5 Baths. Great Rental or family home.

🔗 Full Listing: https://www.zillow.com/homedetails/14622-Faircrest-St-Detroit-MI-48205/88589355_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

14622 Faircrest St, Detroit, MI 48205, Detroit, MI