Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
My Little Cash Cow in Detroit
This one is a keeper, purely for cash flow.
Purchase Price - $36,000 (including back taxes/utilities)
Maintenance - $75 per month
Management - $85 per month
Taxes - $106 per month
Insurance - $51 per month
Rent - $850 per month
17.76% net return
Income - $6396 pa