Address: 15472 Biltmore Street, Detroit, MI 48227 The house is: 3 bedrooms, 1.5 bathroom, Currently renting for= $ 800/Month Rental Income/Year= $9,600 Net Rent= $6,147.60 Cap Rate= 15.5% (after all expenses paid, including managment) Asking $40,500 CASH only (Open to owner finance) I have 20+ other turn key properties (with in place management company) with similar cap rates or more. I can give you a good price if you buy 3+ properties at once. Call / Text 313-327-2484
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