23352 Hoover Ave. Hazel Park. MI 48030

This is a nice ranch home in a good location. It is fully rehabbed with a renter in place. 3 bed 1 bath. 1car, Crawl, Fenced yard, enclosed porch, Fresh paint, new carpet, new tub surround. New garage roof. Newer roof on house. Fridge and stove with 6 month warrantee included.

This is a TRUE TURN KEY INVESTMENT! Property management is also in place so you won’t be dealing with any phone calls from tenants. Purchase price is $31,500 cash, estimated retail value is $38,950 (20% equity)!

Cash-On-Cash Return is 15%!!! Try getting that in the stock market or your savings account!

Note: All purchases are subject to a one time transaction fee of $795. Returns and projections are based off of estimates and/or research obtained at time of posting. Please do your own research and due diligence to verify your own numbers as the market, rent and expenses can change. This is a great upcoming area that we have targeted. While Zillow and E-Appraisal can be great resources in some areas, here we had to get more accurate appraisals from local Real Estate Agents. Always do your homework. Learn more about Dean's deals.

Details

Sqft: 750
Lot size: 4,791 sq ft / 0.11 acres
Property type: Single Family
Year built: 1922
Heating system: Forced air

Cash Flow

Rent: $750-$800/mo
Taxes: $140/mo
Insurance: $45/mo
Management: $75/mo
Maintenance Fee: $35/mo
Cash Flow: $440/mo AFTER Expenses

Research



Pics



Buy It!

Want to buy this property or get more information? Fill out the form below. Properties are sold first come, first serve.


Email *

Full Name *

Phone

Comments