🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 8839 Canyon St, Detroit, MI 48236
💰 Price: $75,000
🛏️ 3 bed | 🛁 1 bath | 📐 1,100 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,731
– Monthly Cash Flow: $806
– Cash on Cash Return: 64.52%
– Cap Rate: 18.8%

💸 DOWN PAYMENT: $15,000

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $368
– Property Tax: $96
– Insurance: $63
– Maintenance: $87
– Vacancy Reserve: $138
– Property Mgmt: $173

📝 PROPERTY DETAILS:
Handy man special***.

🔗 Full Listing: https://www.zillow.com/homedetails/8839-Canyon-St-Detroit-MI-48236/88065502_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

8839 Canyon St, Detroit, MI 48236, Detroit, MI

Property Images