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Archived about 5 years ago

$54,400

2 bd 1 ba 800 sqft

19486 Santa Barbara, Detroit, MI 48221

Residential SFR Occupied Off MLS

Current Rent **

$750

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Very High

Off MLS, fully restored $54,400, $750 rent

We take the guess work out of owning a rental property. Our properties are fully restored and rented with property management in place. For more info. or to see more cashflow properties visit us at partnersinvesting.com.

REMODEL REMARKS:
BRICK 2 BED, 1 BATH HOME WITH A DETACHED 2 CAR GARAGE

CONSISTENT CASH FLOW

REHABBED WITH NEW:
KITCHEN CABINETS, COUNTER TOP AND SINK
TILE KITCHEN BACK SPLASH
BATHROOM VANITY, MIRROR AND TOILET
CARPET THROUGHOUT
LIGHTING THROUGHOUT
INTERIOR AND EXTERIOR PAINT
PLUMBING AND PLUMBING FIXTURES
ELECTRICAL FIXTURES AND ELECTRICAL SERVICE PANEL
VINYL WINDOWS AND BLINDS

RE-FINISHED HARDWOOD FLOORING

FULL BASEMENT WITH GLASS BLOCK WINDOWS INSTALLED

MANAGEMENT IN PLACE

Location:

19486 Santa Barbara, Detroit, MI 48221

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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.