Great Cash Flow Potential!

4267 Monterey St, Detroit, MI 48204

$80,000 After Repair Value -
$39,000 Asking Price -
$0 Cost of Repairs =
$41,000 Potential Profit

Property Details

Asking Price $39,000

After Repair Value $80,000

Costs of Repairs $0

Potential Profit $41,000

Living Area ?2,112 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

3 bedroom brick home in Detroit with an existing tenant (month to month). Bring the current tenant up to market rent or do a refresh of the home and you should be able to receive rent of $1,100+/month (potentially more with section 8). Good bones and rent-ready as-is, this is a good cash flow opportunity for an investor looking to hedge against the growing inflation and be in a market that may see rental demand expand if an economic downturn comes along.

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