🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 2441 Calvert St, Detroit, MI 48206
💰 Price: $50,000
🛏️ 6 bed | 🛁 2 bath | 📐 2,800 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,365
– Monthly Cash Flow: $700
– Cash on Cash Return: 84.02%
– Cap Rate: 22.7%

💸 DOWN PAYMENT: $10,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $246
– Property Tax: $64
– Insurance: $42
– Maintenance: $68
– Vacancy Reserve: $109
– Property Mgmt: $137

📝 PROPERTY DETAILS:
Fire damaged three bedrooms up three bedrooms down. BATVAI

🔗 Full Listing: https://www.zillow.com/homedetails/2441-Calvert-St-Detroit-MI-48206/88485199_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

2441 Calvert St, Detroit, MI 48206, Detroit, MI

Property Images