🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 2351 Sharon St, Detroit, MI 48209
💰 Price: $95,000
🛏️ 3 bed | 🛁 1 bath | 📐 1,254 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,964
– Monthly Cash Flow: $846
– Cash on Cash Return: 53.4%
– Cap Rate: 16.57%

💸 DOWN PAYMENT: $19,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $466
– Property Tax: $121
– Insurance: $79
– Maintenance: $98
– Vacancy Reserve: $157
– Property Mgmt: $196

📝 PROPERTY DETAILS:
Good home with nice lot next to it ..Just needs some updates

🔗 Full Listing: https://www.zillow.com/homedetails/2351-Sharon-St-Detroit-MI-48209/88555330_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

2351 Sharon St, Detroit, MI 48209, Detroit, MI

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