Owner
$106,818
8465 KENNEDY CIR UNIT 6, WARREN, MI
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
1
sq. ft.
995
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Building Quality C
Living Area
1 Story
Forced Air Unit
Brick
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1965
Building Size
995 sq ft
Lot Size
0 sq ft
Lot Size (Acres)
—
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
12-13-10-176-142
County
Macomb County, Michigan
Metro Area
Detroit-Warren-Dearborn, MI
Zoning
R-3
Neighborhood/Subdivision
MANOR
Lot Number
—
School District
Warren Consolidated Schools
Legal Description
COACH LIGHT MANOR CONDOMINIUM, MACOMB COUNTY CONDOMINIUM SUBDIVISION PLAN NO. 24 BLDG T APT 6 L 2210 P 345 TO 392 INCL.
Tax & Value Information
Market Value (Total)
$89,520
Building Value
$0
Land Value
$89,520
Annual Property Tax
$1,091
Tax Assessment Year
2024
Assessed Value
$44,760
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
4/9/2013
Recording Date
5/9/2013
Sales Document #
2013.3066027
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$4,133
Return on Investment
15.60%
After Repair Value
$117,500
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$96,136
Renovation Cost
$5,341
Closing Costs (buying)
$1,923
Holding Costs
$2,917
Selling Costs
$7,050
Total Investment
$26,491
After Repair Value (ARV)
$117,500
Total Costs
$113,367
Estimated Profit
$4,133
Cash Invested
$24,568
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area