Deal summary

Section 8 SFH in detroit, MI 48219 – $45,000

2 bed · 1 bath · 1000 sqft · built 1955 · Wayne County

Check out this investment opportunity with 2-bedroom, 1-bathroom single-family home offers 1,000 sqft of living space and is already tenant-occupied, generating $900 in monthly rental income. With an estimated monthly cash flow of $374.19 and annual cash flow of $4,490.33, this property offers an attractive opportunity for investors seeking immediate rental income. Based on DSCR financing assumptions of 20% down and a 7% interest rate, the deal projects an impressive 32.07% cash-on-cash return.