**15763 Appoline, Detroit MI * SOLD**

PROPERTY DESCRIPTION

Cool retro features make on the main floor make this property unique. Good sized principal rooms, lots of natural light, houses on the street being updated, a big eat in kitchen, these are just a few features that make this a desirable family home. Partially finished basement with its own bathroom. An oversized 2 car garage mean two cars can stay out of the snow with room to spare.

REHABILITATION

Completed in 2017 included upgrade of plumbing and electrical, new roof, new hot water tank, furnace. Painted kitchen cabinets, new sink. Entire home freshly painted. Some updated windows, new blinds, and new broadloom throughout.

1 YEAR ANALYSIS

Purchase Price: $62,000
Gross Income: $10,800
Property Taxes: -$1,620
Insurance: -$480
Management: -$1,080
Vacancy: -5% (540)
Repairs/Maint.: -5% ($540)
NET ROI: 10.54%