$80,000
Property | , Detroit, MI 48238
Detroit, MI 48238
AvailableSection 8
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Available
1 / 15
3Beds
2Baths
1,100Sq Ft
1923Year Built
Why Buy?
Estimated Monthly Cashflow
$705
Cash-on-cash
30%
Rehab
$5000
The Numbers
Asking Price
$80,000
EMD
$1,000
HUD Rent
$1,800
New: HVAC, Vinyl siding, Updated windows, Plumbing improvements, New lighting, Front porch redone
Immediate rental potential
Turnkey Property
Map
Subject Property
Deal summary
Section 8 Multi-Family in Detroit, MI 48238 – $80,000
3 bed · 2 bath · 1100 sqft · built 1923 · Wayne County
New: HVAC, Vinyl siding, Updated windows, Plumbing improvements, New lighting, Front porch redone • Immediate rental potential • Turnkey Property • Upside through duplex conversion • Two separate units
HUD rent $1,800/mo · est. rehab $5,000