BiggerPockets

2976 Cadillac, Detroit, MI 48214

Saturday, December 13

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•         <!--[endif]-->4 bedrooms, 2 bathrooms

<!--[if !supportLists]-->•         <!--[endif]-->Purchase Price                                     =  $69,000

<!--[if !supportLists]-->•         <!--[endif]-->Down Payment (20%)                            - $13,800

<!--[if !supportLists]-->•         <!--[endif]-->Loan Amount                                       =  $55,200

<!--[if !supportLists]-->•         <!--[endif]-->Appraised ARV                                     =  $80,000

<!--[if !supportLists]-->•         <!--[endif]-->EQUITY                                                              = $24,800

<!--[if !supportLists]-->•         <!--[endif]-->Rented for $950 per month

<!--[if !supportLists]-->•         <!--[endif]-->Cash flow after expenses                              = $305/month

<!--[if !supportLists]-->•         <!--[endif]-->CASH ON CASH RETURN                                  = 27%