Property Opportunity

Detroit, MI Rental Property – 01

Detroit, MI

available
Purchase Price$140,000
Estimated Monthly Rent$1,500
Estimated Gross Yield12.86%
Estimated Annual Net Cash Flow$11,090
Annual Property Tax$1,850
Annual Insurance$2,360
Property Management10%
Maintenance Assumption5%
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This property has been added by TerraGate Capital LLC. Contact us for more information.

Property Economics

Estimated Rental Economics

Annual Gross Rent $18,000
Gross Yield 12.86%
Estimated Net Cash Flow $11,090/yr
Estimated Net Yield 7.92%

Expense Assumptions Included

Property Management 10%
Property Tax $1,850
Insurance $2,360
Maintenance 5%

Not included in this estimate: Vacancy, CapEx. Blank expense fields are excluded from the modeled net cash flow and net yield.

Estimates are based on the property-specific assumptions shown and are not guarantees of occupancy, expenses, cash flow or returns.