🏠 INVESTMENT OPPORTUNITY: Hamtramck, MI

📍 17167 Lumpkin St, Hamtramck, MI 48212
💰 Price: $80,000
🛏️ 3 bed | 🛁 1 bath | 📐 1,000 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,237
– Monthly Cash Flow: $391
– Cash on Cash Return: 29.33%
– Cap Rate: 11.76%

💸 DOWN PAYMENT: $16,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $393
– Property Tax: $102
– Insurance: $67
– Maintenance: $62
– Vacancy Reserve: $99
– Property Mgmt: $124

📝 PROPERTY DETAILS:
Three-bedroom, one-bathroom home located in Detroit, The property offers a spacious layout

🔗 Full Listing: https://www.zillow.com/homedetails/17167-Lumpkin-St-Hamtramck-MI-48212/88073613_zpid/

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17167 Lumpkin St, Hamtramck, MI 48212, Hamtramck, MI

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