We Buy Houses

Photos: https://photos.app.goo.gl/pConaC5W2zePX33u5

8247 Groveview Ave, Ferndale/Royal Oak Twp, MI 48220

OFF-MARKET
MAINTAINED WITH UPDATES
MARKET RENT: $1500+
PRICE: $95,000
ARV: $225k+
TEXT 248-238-8391

💧 3 bedroom 1 bathroom brick ranch with a full basement and two car garage. Very well maintained. NEW Roof 3 years ago, NEW windows 6 years ago, NEW furnace 6 years ago, NEW AC 6 years ago!!

UPDATES

💧 NEW Roof (2019)
💧 NEW Windows (2015)
💧 NEW Furnace (2015)
💧 NEW AC (2015)


INVESTMENT FINANCIALS

💧 Price: $95,000 (ARV ~$225,000+)
💧 Spread: ~$27,000
💧 Return Rate: ~23%+
💧 Market Rent: $1500+/m2m
💧 Insurance: ~$40/month
💧 P Management: ~$150/month (if wanted)
💧 Taxes: ~$1000 per year
💧 Potential Cashflow: $18,000+ per year

PROPERTY DETAILS

💧 3 Bedrooms
💧 1 Bathroom
💧 ~1000 sqft
💧 Full Basement
💧 2 Car Garage

Photos: https://photos.app.goo.gl/pConaC5W2zePX33u5