Property Address

20863 Garden Lane


State: MI

Zip: 48220

Country: United States

Property Details

Size:1339 sq ft
Property Size: 848 ft2
Bedrooms: 3
Bathrooms: 1.5
Garage: No
Lot Size: 4704 sq ft
Exterior: Vinyl
Built Approx: 1920
Est ARV: $105,000.00 USD
Deal Price: $20,000.00 USD
Deposit Req: $5,000.00 USD
Assign/Sales Fee: $5,000.00 USD
Total Cost $25,000.00 USD
Est Rehab Costs: $39,000.00 USD
Rental Return: $1,000.00 USD per month
Rental ROI : 9.0% after deductions
Fix & Flip ROI Nett : 45.0% based on estimated After Repair Value
Rehab Comments:Rehab commenced, needs completion . A Garage would help add value but not critical.
Deal Description: Great fix and flip opportunity in excellent area of Detroit suburbs. Good ROI to fix and sell, or hold for solid rental income. Rehab commenced and needs completing.

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