If Cash Flow Matters

[Marisa R.]

For those interested in viewing my cash flow deal.

This is in the Detroit market where I am currently playing, probably one of the better States for returns at the moment

Details
Purchase Price :	32,500
Rents (Monthly) :	850
Rents (Per Annum) :	10,200
Property Mngmt:	816
City Tax:	1,150
Insurance:	560
Maintenance:	600
Free Cash flow:	7,074
ROI %	21.77%

Current Rent - 850 pm

Rehab - 8,000

Purchase Price - 20,000 + 4500 back taxes cleared at Purchase