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Archived over 5 years ago

$29,900

2 bd 1 ba 700 sqft

13894 Marshall Ave, Warren, MI 48089

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$850

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Rob McGraw

13894 Marshall Ave, Warren, MI 48089

2 bed / 1 bath 700sf ranch on a crawl. Newer furnace, with vinyl windows throughout. Could use an updated kitchen, drywall, paint, and fresh flooring. Market rents around $850.

Here's a link to photos:
https://drive.google.com/drive/folders/1-OycJIEVv-CThXDh4jpjQKSekaegcBqL?usp=sharing

Here's a link to comps:
https://matrix.realcomponline.com/Matrix/Public/Portal.aspx?k=2867121XQNcb&p=DE-226370381-729

**Note: was not able to access home as seller did not have the correct key. Photos are taken from the outside looking in. Seller has located the key and is now able to show.

We hold the assignable contract. This will be sold on warranty deed. Current price is $29,900. Upon contract acceptance, a $1,000 EMD is to be deposited at our title company, Title One. My direct number is 248-534-7892, or email rob@michiganlisted for a faster reply.

Thanks!

Rob McGraw
Cooper Street Capital | Licensed Agent

Location:

13894 Marshall Ave, Warren, MI 48089

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.