110 S Auburn Street Auburn, MI 48642

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This property is not just a building but a turnkey solution for steady cash flow and low maintenance concerns, all set in a bustling downtown area. Bringing in $3, 000 a month. Ideal for investors seeking a blend of steady income and growth potential or a business owner looking for a prime location with added rental income. Monthly Expenses:Taxes:Summer: $3, 400Winter: $600Annual Taxes: $3, 400 + $600 = $4, 000Monthly Taxes: $4, 000 / 12 ˜ $333.33Total Monthly Expenses:Taxes: $333.33Insurance: $129Lawn care: $40Gas: $170Water (quarterly divided by 3): $88Total Monthly Expenses: $760.33Net Operating Income (NOI):Monthly NOI:NOI = Total Monthly Rent Income - Total Monthly ExpensesNOI = $3, 000 - $760.33 ˜ $2, 239.67Annual NOI:Annual NOI = Monthly NOI * 12Annual NOI = $2, 239.67 * 12 ˜ $26, 876.04Return on Investment (ROI):ROI:ROI = (Annual NOI / Initial Investment) * 100ROI = ($26, 876.04 / $260, 000) * 100 ˜ 10.34%SummaryMonthly Net Operating Income (NOI): $2, 239.67Annual Net Operating Income (NOI): $26, 876.04Annual ROI: Approximately 10.34%This updated calculation incorporates the correct tax information and confirms the property's profitability with an annual return on investment of about 10.34%. **VIRTUAL TOUR** https://next-door-photos.vr-360-tour.com/e/PgYBj5uWZHE/e?accessibility=false&dimensions=false&hidelive=true&share_button=false&t_3d_model_dimensions=false