Property Opportunity

Detroit, MI Rental Property – 03

Detroit, MI

available
Purchase Price$100,000
Estimated Monthly Rent$1,050
Estimated Gross Yield12.6%
Estimated Annual Net Cash Flow$7,260
Annual Property Tax$2,000
Annual Insurance$1,450
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 $12,600
Gross Yield 12.6%
Estimated Net Cash Flow $7,260/yr
Estimated Net Yield 7.26%

Expense Assumptions Included

Property Management 10%
Property Tax $2,000
Insurance $1,450
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.