Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

6
Posts
6
Votes
Travis Bronik
  • Rental Property Investor
  • Southfield, MI
6
Votes |
6
Posts

Detroit SFR Section 8 Rentals 30% plus cash on cash returns

Travis Bronik
  • Rental Property Investor
  • Southfield, MI
Posted

Buy 1 or buy 100.   Rents in place ranging from $750 up to $1140 per month.  Massive cash flow each month with cash on cash returned in excess of 30%.  All of the hard work has been done letting you sit back and collect your "mailbox money".  Professional management in place or manage them on your own.  Seller may consider seller financing.   (Homes are located all across metro detroit and featured home is meant as an example only of potential properties) 

Featured Home in Listing 8202 Pierson boats an amazing NOI of $8,970

Yearly Rent:  $13,020 (guaranteed by US government and directed vendored)

Yearly Tax:  ($650)

Mgmt: ( $1,300)

Year Insurance:  ($800)

Reserve/ Maintenance:  ($1300)

ROI: 24%

Serious Inquires only.

  • Travis Bronik
  • Offering

    Most Popular Reply

    User Stats

    6
    Posts
    6
    Votes
    Travis Bronik
    • Rental Property Investor
    • Southfield, MI
    6
    Votes |
    6
    Posts
    Travis Bronik
    • Rental Property Investor
    • Southfield, MI
    Replied

    HI Eric, 

    Thank you for taking the time to respond to our thread.  Feel free to send me an email or give me a call and we can discuss how we might be able to work together. 


    Thanks

  • Travis Bronik
  • Loading replies...