**16528 Harlow, Detroit MI * SOLD**

PROPERTY DESCRIPTION

Deceiving from the outside! These home is much larger than it appears, with an awesome 2nd floor loft and big finished basement with a bar area. Updated kitchen and completely revamped floors, lots of mirrors which makes the space looks twice as large. 3 bedrooms and a very cool vintage bathroom complete the package. Cute street, nice neighboring homes and a good sized backyard.

REHABILITATION

Completed in 2017 included upgrade of plumbing and electrical, new roof, new hot water tank and furnace. Refinished hardwood floors and new broadloom. Fresh paint throughout. Updated windows and new blinds help to insulate the home and give it an up-to-date feel. Decorator pallet.

1 YEAR ANALYSIS

Purchase Price: $57,000
Gross Income: $10,200
Property Taxes: -$1,440
Insurance: -$480
Management: -$1,020
Vacancy: -5% ($510)
Repairs/Maint.: -5% ($510)
NET ROI: 10.95%