17358 Prest, Detroit MI * SOLD
PROPERTY DESCRIPTION
A cute brick bungalow with bonus loft featuring a covered porch, deck in the backyard and a detached two car garage. Nice curb appeal, with lots of shrubs and trees. First floor features include a fireplace in the living room, three good sized bedrooms and a full bath. Upstairs loft is large and bright. A large partially finished basement is perfect for games and storage.
REHABILITATION
Completed in 2017 included full upgrade of plumbing and electrical, new roof, new hot water tank, furnace and a/c. Hardwood floors repaired and refinished, fresh paint and new doors throughout. Updated windows, new blinds, and new broadloom throughout.
1 YEAR ANALYSIS
Purchase Price: $58,000
Gross Income: $10,200
Property Taxes: -$1,344
Insurance: -$444
Management: -$1,020
Vacancy: -5% ($510)
Repairs/Maint: -5% ($510)
NET ROI: 10.99%
NOTABLES
3 Bedrooms
1 Bathroom
886 sqft living
5,227 sqft lot