Make an offer! 15367 Monica St, Detroit, MI, 48238

15367 Monica St, Detroit, MI 48238

$85,000 After Repair Value -
$55,000 Asking Price -
$0 Cost of Repairs =
$30,000 Potential Profit

Property Details

Asking Price $55,000

After Repair Value $85,000

Costs of Repairs $0

Potential Profit $30,000

Living Area 2,022 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

This spacious 4 bed 2 bath property is currently tenanted at $1,200 per month and are on a lease. At a currently CAP rate of 20%, it will be tough to find another property that will cash flow this well.

It\'s also located right next to University of Detroit Mercy, and also Mary Grove College making it a great rental for college students as well if you\'d like. This property is a steal, so make an offer today as it won\'t last very long.

More information on this property is coming soon. If you are interested or have any questions, let us know by clicking the button below. Priority may be given to those who submit an early offer.

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