$60,000 After Repair Value -
$34,500 Asking Price -
$0 Cost of Repairs =
$25,500 Potential Profit

Property Details

Asking Price $34,500

After Repair Value $60,000

Costs of Repairs $0

Potential Profit $25,500

Living Area ?988 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

This cash flowing property already has a tenant paying $750 per month . They are not on a lease currently, but the owner of the property mentioned they would be open to signing one if that is what you\'d like to do! At $750 per month, the current CAP rate sits at a whopping 19% and is a buy & hold investor\'s dream.

If you do not wish to keep this property as a cash flowing property you can always flip it and make some money as well.


Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 10613 Lakepointe St, Detroit MI

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

More deals from this owner

Wesley Maligaya's latest deals.