15425 Sorrento
Detroit, MI 48227
Multi Unit Detroit, MI
$89900.00
15425 Sorrento , Detroit, MI 48227
Bed 2 Bath | 2052 Sq Ft | Built In
Financial Highlight
- Income$1,450.00/mo
- Cash Flow$269.00/mo
- Estimated Cash to Close$22,475.00/yr
Features
- 8.9% Cap Rate
- C+ Class
- 2 units
- Both units currently tenant occupied
- Proforma based on 30 year mortgage at 80% LTV
- Turnkey
Monthly Expenses Breakdown
Total Expenses
$1,140.00
- Mortgage
$431.00
- Insurance
$75.00
- One Rate Approx
$334.00
- Utilities
$150.00
- Taxes
$150.00
Home365 Premium Ultimate Performance Guarantee plan
One flat rate that includes:
Full-Service Management-
Repairs & Maintenance Coverage
-
Tenant Coverage
Premium Ultimate Performance Guarantee Plan
This plan for investors who embrace risk elimination and prefer secured, predictable recurring return and passive investment experience.
Notes
Property map
Contact us
Contact Info
Tyraa Caldwell
GM and Chief Broker of Michigan Home365
Mobile: 248-809-6980
Email: tyraac@home365.co
License: 650543152