Property Description:
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CONTACT
Call: 248-238-8391
Text: 248-238-8391
Email: PureEquityInvestments@gmail.com
17276 Bentler St, Unit #1, Detroit, MI 48219
OFF-MARKET
RENTED
$800/mo Section 8
PRICE: $37,700
TEXT 248-238-8391
DESCRIPTION
💧 Cheap rental condo in 48219. Well-maintained, no repairs or updates needed. Newer furnace and hot water heater. Good standing section 8 tenant paying $800/mo. Some 1 bed units in complex are rented for $900+. Full, dry basement. HOA is reponsible for water & all exterior work including roof, windows, gutters etc.
PROPERTY DETAILS
💧 1 Bedroom
💧 1 Bathroom
💧 ~571 SQFT
OTHER INFO
💧 Newer Furnace
💧 Newer Hot Water Heater
💧 Full, Dry Basement
INVESTMENT FINANCIALS
Cash Hold
💧Purchase Price $37,700
💧Rehab $0
💧ARV = $45,000
💧Rent = $800 (can get up to $950)
💧HOA = $188
💧Taxes = $150
💧Insurance = $75
💧Capex/Repair/Vacancy = $120
💧Net Monthly Cash Flow = $275
💧CoC ROI (cash) = ~15%
CONTACT
Call: 248-238-8391
Text: 248-238-8391
Email: PureEquityInvestments@gmail.com