W Buena Vista St, Detroit, MI 48203

$75,000 After Repair Value -
$50,000 Asking Price -
$5,000 Cost of Repairs =
$20,000 Potential Profit

Property Details

Asking Price $50,000

After Repair Value $75,000

Costs of Repairs $5,000

Potential Profit $20,000

Living Area 2112 ft2

Property Type Duplex

Bedrooms 6

Bathrooms 2

Half Bathrooms 1

Parking 0

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $19,200

Yearly Expenses $3,000

Property Taxes $1,000

Net Operating Income $16,200

Cap Rate 33%

Property Description

*INVESTMENT OPPORTUNITY* Beautiful multi family 3 bedroom each own with living room, dining room, kitchen and full bath in a quiet neighborhood near parks and schools and developing area. 3 bed rentals in the area cash tenants $850+, Sec 8 tenants pay $1,000+ mo Perfect for the investor or live in one and rent the other

Repairs Needed

cosmetic work only


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