$285,000
🔥Newly Renovated Fourplex | Fully Leased | $4,200/Month Income | 23% COC Return!
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Why Buy?
Estimated Monthly Cashflow
$1,211.90
Fully Occupied
$4,200/monthly Rent
Cash-On-Cash Return
23.46%
The Numbers
Asking Price
$285,000
EMD
$2,500
Turnkey, newly renovated fourplex fully leased and generating $4,200/month in rental income. This stabilized asset offers immediate cash flow with an impressive 23% cash-on-cash return. A low-maintenance investment opportunity with strong income and long-term upside.
Map
Subject PropertyDeal summary
Section 8 Multi-Family in Detroit, MI 48206 – $285,000
8 bed · 4 bath · 3538 sqft · built 1924 · Wayne County
Turnkey, newly renovated fourplex fully leased and generating $4,200/month in rental income. This stabilized asset offers immediate cash flow with an impressive 23% cash-on-cash return. A low-maintenance investment opportunity with strong income and long-term upside.
est. rehab $5,000