🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 16191 Ohio St, Detroit, MI 48221
💰 Price: $70,000
🛏️ 3 bed | 🛁 3 bath | 📐 1,636 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,674
– Monthly Cash Flow: $798
– Cash on Cash Return: 68.37%
– Cap Rate: 19.57%

💸 DOWN PAYMENT: $14,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $344
– Property Tax: $89
– Insurance: $58
– Maintenance: $84
– Vacancy Reserve: $134
– Property Mgmt: $167

📝 PROPERTY DETAILS:
large 3 bedroom 2.5 bath
Breakfast nook

this is not a section 8 house

🔗 Full Listing: https://www.zillow.com/homedetails/16191-Ohio-St-Detroit-MI-48221/88265776_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

16191 Ohio St, Detroit, MI 48221, Detroit, MI