Monthly
Yearly
GROSS RENTAL INCOME
$800
$9,600
EXPENSES
Property Taxes
$117
$1,400
Insurance
$50
$600
Property Management
$79
$948
Utilities
Total Expenses
$246
$2,952
NET RENTAL INCOME
$554
$6,648
RETURN ON INVESTMENT (ROI)
15.65%
| Price: | 40,000 |
| Address: | 16224 Sussex |
| City: | Detroit |
| County: | Wayne |
| State: | MI |
| Zip Code: | 48235 |
| Year Built: | 1951 |
| Floors: | 2 |
| Square Feet: | 1389 |
| Bedrooms: | 3 |
| Bathrooms: | 1 |
| Half Bathrooms: | 1 |
| Garage: | Yes |
| Property Type: | Colonial |
| Lot size: | 5184 |
Additional Features
Home Summary
Rehabbed in 2015 and very well maintained. $800.- Cash Flow per month. 3 Bed, 1.5 Bath, Garage, Yard fenced, new water heater, new furnace. Plumbing and electric updated. Close to schools, shops and public transport. Great street with relaxing atmosphere.
Kitchen Summary
Kitchen installed in 2015 with ceramic tiles and granite counter top.
Living Room
specious with fireplace and new carpet.
Master Suite
