🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 15633 Eastwood St, Detroit, MI 48205
💰 Price: $68,000
🛏️ 3 bed | 🛁 1 bath | 📐 1,050 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,260
– Monthly Cash Flow: $493
– Cash on Cash Return: 43.5%
– Cap Rate: 14.59%

💸 DOWN PAYMENT: $13,600

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $334
– Property Tax: $87
– Insurance: $57
– Maintenance: $63
– Vacancy Reserve: $101
– Property Mgmt: $126

📝 PROPERTY DETAILS:
Excellent opportunity to purchase a property on Detroit’s east side. The house needs TLC.

🔗 Full Listing: https://www.zillow.com/homedetails/15633-Eastwood-St-Detroit-MI-48205/88125879_zpid/

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15633 Eastwood St, Detroit, MI 48205, Detroit, MI

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