Hot Detroit Deal

Descripiton

Detroit Investment Opportunity – Strong Cash Flow + Light Rehab   Munich St, Detroit, MI 48224 This is a clean, straightforward deal in a solid rental pocket of Detroit with strong upside and minimal rehab risk. Property Highlights: • 2 Bed / 1 Bath • ~1,000 Sq Ft • 6,534 Sq Ft Lot (great yard space = tenant appeal) Why This Deal Stands Out: • Light rehab only – no heavy structural work • High rental demand area with consistent tenant pool • Strong rent-to-price ratio → ideal for cash flow investors • Simple layout = lower rehab costs and faster turnaround • Manageable scope makes this perfect for both new and experienced investors Numbers: • ARV: $119,000 • Asking: $69,000 + closing costs • Estimated Rehab: $10K–$15K • Estimated Rent: $1,285/month  This leaves solid room for equity + long-term cash flow. Repairs Needed: • Roof • Water Heater • Interior Doors • Toilet No major surprises — clean, predictable rehab. Terms: • $1,500 EMD (due post-inspection) • Inspection Deadline: May 6 • Closing: May 30  If you're looking for a low-risk, high-yield rental or quick flip, this is a strong candidate.

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