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For sale 10 days ago

$45,000

3 bd 1 ba 960 sqft

15861 DACOSTA, DETROIT , MI 48223

Residential SFR Occupied Off MLS

Current Rent **

$900

Projected Rent **

$1,250

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

TurnKey fully updated Rental on the west side of Detroit in a upcoming area where the entire city infrastructure is being redone

15861 Dacosta St, Detroit, MI 48223
3 bedroom 1 bath
Fully updated
Occupied with an employed, stable, clean, tidy, smoke and pet free tenant in place paying $900 per month. Tenant is willing to move if purchaser required the property to be vacant. ( I would keep the tenant given the payment history and upkeep)

This property doesn’t need a thing and is priced to sell at $45,000.00 where you can get a turnkey rental and easily cash out + if needed.

The infrastructure to this zip code has been and is currently being completely updated along with the roads and sidewalks/ Bikelanes etc.

Warranty deed and transaction is to be conducted with Title Connect LLC, 22200 Ford rd, Dearborn Heights Michigan

Additional pics on Link: http://eepurl.com/iQWaF2

Fee free to call or text me directly at
(248)979-8119

Location:

15861 DACOSTA, DETROIT , MI 48223

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.