🏠 INVESTMENT OPPORTUNITY: Detroit, MI

📍 9959 Ward St, Detroit, MI 48227
💰 Price: $29,000
🛏️ 3 bed | 🛁 3 bath | 📐 1,729 sqft

💵 INVESTMENT METRICS:
– Monthly Rent: $1,454
– Monthly Cash Flow: $916
– Cash on Cash Return: 189.53%
– Cap Rate: 43.8%

💸 DOWN PAYMENT: $5,800

📊 MONTHLY EXPENSES:
– Mortgage (P&I): $142
– Property Tax: $37
– Insurance: $24
– Maintenance: $73
– Vacancy Reserve: $116
– Property Mgmt: $145

📝 PROPERTY DETAILS:
Beautiful home, nice block, need some updates. Vacant at closing.

🔗 Full Listing: https://www.zillow.com/homedetails/9959-Ward-St-Detroit-MI-48227/88764985_zpid/

#realestateinvesting #rentalpropertyinvesting #cashflow #passiveincome #realestate

9959 Ward St, Detroit, MI 48227, Detroit, MI

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