🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 18494 Runyon St, Detroit, MI 48234
💰 Price: $60,000
🛏️ 3 bed | 🛁 1 bath | 📐 1,904 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,296
– Monthly Cash Flow: $577
– Cash on Cash Return: 57.68%
– Cap Rate: 17.43%

💸 DOWN PAYMENT: $12,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $295
– Property Tax: $77
– Insurance: $50
– Maintenance: $65
– Vacancy Reserve: $104
– Property Mgmt: $130

📝 PROPERTY DETAILS:
Great opportunity

🔗 Full Listing: https://www.zillow.com/homedetails/18494-Runyon-St-Detroit-MI-48234/88582920_zpid/

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18494 Runyon St, Detroit, MI 48234, Detroit, MI