🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 2140 Fairview St, Detroit, MI 48214
💰 Price: $6,000
🛏️ 4 bed | 🛁 3 bath | 📐 5,200 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,688
– Monthly Cash Flow: $1,258
– Cash on Cash Return: 1257.65%
– Cap Rate: 257.42%

💸 DOWN PAYMENT: $1,200

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $29
– Property Tax: $8
– Insurance: $5
– Maintenance: $84
– Vacancy Reserve: $135
– Property Mgmt: $169

📝 PROPERTY DETAILS:
THIS IS LAND ONLY. THERE IS NO HOUSE

🔗 Full Listing: https://www.zillow.com/homedetails/2140-Fairview-St-Detroit-MI-48214/88758275_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

2140 Fairview St, Detroit, MI 48214, Detroit, MI

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