9338 Ward Detroit (15.3% CAP rate)
Single family home, good block near W Chicago st.
4 Beds, 1 kitchen and kitchenette, 2 baths, 1400 sqft.
Cap 15.3%, price $49,000, $7,486 revenue per year.
This home is currently under renovation and finished in April 2018. Send an email to info@profit-homes.com to schedule a viewing.
Re-wire electrical and replumb house. Refinished hardwood floors and new click floor. New kitchen, bath updated, new furnace and water heaters.
Roof is completely reshingled and new gutters installed.
Annual Income
Rental income
$12,000
Property tax
$2,714
Insurance
$600
Property management
$1,200