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11718 Oakwood Ave

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Probate

11718 Oakwood Ave

Detroit, MI 48238 · Fitzgerald

3 beds1.5 baths1,480 sqftBuilt 1930

Est. price

$36,000

Comps value $68,500· 21% under after repairs

72Strong

Estimated cash flow

$728/mo

At $36,000 with 20% down at 6.60%, this nets $728 a month. You would put in $26,280.

Cash-on-cash
33%
Cap rate
20.3%
DSCR
4.96
Voucher rent
$1,544

Where each month's rent goes

  • Mortgage$184
  • Taxes$95
  • Insurance$182
  • Running costs$355
  • You keep$728

Try different terms

Offer price$36,000
Down payment20% · $7,200
Interest rate6.60%
Payment standard 110% of FMR, this authority's rate
Repairs$18,000

Max offer to keep $300/mo: $98,000$62,000 of room