15847 Fairmount Drive
Detroit • Section 8 Bungalow
15874 Fairmount Drive, Detroit, MI 48205
Government backed Section 8 rental income.
|Gross Rent (annual)||$7,800|
|Property Management (annual)||$780|
|Net Operating Income (annual)||$4,857|
|Cash on Cash ROI||16.2%|
|Total Return (income + appreciation)||28.4%|
|Occupancy||Rented and Performing|
|Units||Single Family Home|
|Size||1080 Sq Ft|
|Lot Size||4,620 Sq Ft|
|Parking||2 & 1/2 Car Garage|
Guaranteed Rental Income Program
IPS Realty is proud to offer the industry exclusive Guaranteed Rental Income Protection on this curated, in house brokerage owned property. Our Guarantee is that as long as you have your property under our guaranteed property management program, if your investment property goes vacant for 30 days, we will pay the rent. No deductible.