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Pure Equity Investments LLC

1
Grand Blanc, MI 48439
 (810) 908-6470
Contact Us

Pure Equity Investments LLC

1
Grand Blanc, MI 48439
 (810) 908-6470
Contact Us

12660 Washburn St, Detroit, MI 48238

3 Bedrooms / 1.5 Baths / Single Family

Property Status: Available (Wholesale) |  For Sale: $38,000.00



$800/m2m. ARV $60k. Well maintained.


Property Details:
Property Style:
1-Story
Finished Sq. Ft:
1,700
Basement:
Unfinished Basement
Owner/Agent:
Wholesale
💧 Great investment property with an established tenant paying $800/month to month! 3 Beds, 1.5 Bathrooms, nearly 1800 SQFT! Nice, clean & neat! Nice developing area directly off Grand River. Market Rent is ~$950+ via Rentometer.com. The house is brick, has a basement, 1-car garage and had a newly installed roof just a few months ago! Property has been well maintained. Please do not disturb the occupant.

UPDATES

💧 New Roof in 2022

INVESTMENT FINANCIALS

💧 Price: $38,000 (ARV ~$60k+)
💧 Return Rate: ~20%+
💧 Market Rent: $950+/m2m
💧 Insurance: ~$40/month
💧 P Management: ~$95/month (if wanted)
💧 Taxes: ~$500 per year
💧 Potential Cashflow: $11,400+ per year

PROPERTY DETAILS

💧 3 Bedrooms
💧 1.5 Bathrooms
💧 ~1800 sqft
💧 Basement
💧 Garage
Photos: https://photos.app.goo.gl/pPyBkRKUXgBpZKdx5

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