CashFlowRE
Sign in Sign up
16101 Bramell St
B- Composite 68.64
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +9.2/10.0
  • ARV discount +7.5/15.0
  • Rent growth +4.5/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$90,000

16101 Bramell St · Detroit, MI 48219
3 bd · 1.0 ba · 1,004 sqft · SingleFamily public records · 1 Days on market
Built 1946 6,098 sqft lot $90/sqft · 104% above area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 16101 Bramell St a nicely updated 3-bedroom, 1-bath home offering great value in Detroit. Features include updated flooring, fresh paint, a remodeled bathroom with modern tile, and a clean, functional layout. Bright kitchen with updated cabinetry and countertops. Full basement provides additional storage or potential. Ideal for owner-occupants or investors seeking an affordable, move-in ready property. Schedule your showing today.

Key facts

  • Bright kitchen
  • Remodeled bathroom
  • Full basement

Tags

UPDATED FLOORINGREMODELED BATHROOMBRIGHT KITCHENUPDATED CABINETRYFULL BASEMENT

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

  • At list price, monthly cash flow is $375 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $90k).

Location & tenants

  • Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+8.0%/yr); 305 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 35% of the median local income ($44k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $18k; list at $90k implies a 403% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $90,000

Questions for the listing agent

  1. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.42%
Cap rate
11.29%
Cash-on-cash
17.83%
DSCR
1.79
GRM
5.9

CMA / ARV

ARV (median comp)
$49,057
List price
$90,000
Delta
83.46%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
15900 W Parkway St 0.11mi 3/1.0 1,000 (-0%) 9mo $70,000 $70 87
16165 W Parkway St 0.13mi 3/1.0 1,022 (+2%) 5mo $50,000 $49 87
15757 Dacosta St 0.29mi 3/1.0 960 (-4%) 2mo $65,000 $68 78
16555 Bramell St 0.15mi 3/1.0 918 (-9%) 3mo $60,000 $65 76
15885 Beaverland St 0.10mi 3/2.0 1,100 (+10%) 3mo $51,500 $47 73
22482 W Mcnichols Rd 0.48mi 3/1.5 1,031 (+3%) 2mo $61,000 $59 69
15411 Lahser Rd 0.57mi 3/2.0 1,025 (+2%) 4mo $42,000 $41 63
16836 Beaverland St 0.37mi 3/1.0 1,100 (+10%) 6mo $65,500 $60 62
17335 Beaverland St 0.66mi 3/1.0 1,061 (+6%) 5mo $81,000 $76 56
15835 Burgess St 0.54mi 3/1.0 918 (-9%) 9mo $93,000 $101 54
16157 Wormer St 0.75mi 3/2.0 1,042 (+4%) 6mo $88,000 $84 50
16565 Woodbine St 0.70mi 3/1.0 1,105 (+10%) 2mo $110,000 $100 49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold
IRR
14.9%
Equity multiple
1.64×
Total profit
$16,034
Equity at exit
$13,419
10-year hold
IRR
27.2%
Equity multiple
3.99×
Total profit
$75,459
Equity at exit
$7,782

Cash invested: $25,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 48219

Home prices YoY
-10.3%
Rents YoY
8.0%
Active inventory
305
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$1,275 high interval (Pro) →
Mortgage (P&I)
$472
Tax from tax record
$124 /mo · $1,483/yr
Insurance
$38
HOA
$0
Vacancy / Maint / Mgmt
$268
Net cashflow
$375

Break-even live

Break-even rent $801
Max offer price $90,000
Occupancy floor 66%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$22,500
Closing costs
$2,700
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
15847 Chatham St Detroit, MI 3.0 1.0 909 $1,325 $1.46 5d 1 0.13mi
16700 Lahser Rd Apt 18 Detroit, MI 2.0 1.0 750 $900 $1.20 43d 1 0.47mi
16131 Dale St Detroit, MI 3.0 1.0 1100 $1,500 $1.36 18d 1 0.55mi
16800 Telegraph Rd Detroit, MI 2.0 1.0 775 $875 $1.13 43d 1 0.64mi
17328 McIntyre St Unit 2 Detroit, MI 3.0 1.0 1200 $1,250 $1.04 43d 1 0.64mi
17355 McIntyre St Detroit, MI 3.0 1.0 1500 $1,250 $0.83 43d 1 0.67mi
16207 Woodbine St Detroit, MI 3.0 1.0 1000 $1,294 $1.29 5d 1 0.69mi
16581 Wormer St Detroit, MI 2.0 1.0 720 $1,100 $1.53 43d 1 0.78mi
16800 Wormer St Detroit, MI 3.0 1.0 912 $1,250 $1.37 18d 1 0.79mi
16717 Trinity St Detroit, MI 3.0 1.5 1101 $1,250 $1.14 43d 1 0.86mi
17274 Bentler St #46 Detroit, MI 2.0 1.0 700 $850 $1.21 16d 1 0.90mi
17274 Bentler St Detroit, MI 2.0 1.0 700 $850 $1.21 43d 2 0.90mi
17274 Bentler St Detroit, MI 2.0 1.0 700 $838 $1.20 24d 2 0.90mi
17255 Westbrook St Detroit, MI 3.0 2.0 1500 $1,450 $0.97 11d 1 0.94mi
21440 Bennett St Detroit, MI 3.0 1.0 1037 $1,394 $1.34 16d 1 1.00mi
15490 Dixie Redford, MI 3.0 1.0 912 $1,600 $1.75 5d 1 1.01mi
21451 Glenco St Detroit, MI 3.0 1.0 1026 $1,400 $1.36 16d 1 1.07mi
18025 Bentler St Detroit, MI 3.0 1.0 728 $1,250 $1.72 24d 1 1.07mi
16896 Salem St Detroit, MI 3.0 1.0 1150 $1,300 $1.13 43d 1 1.08mi
22241 Lyndon St Detroit, MI 3.0 1.0 960 $1,100 $1.15 16d 1 1.08mi
15340 Braile St Detroit, MI 3.0 1.0 883 $1,000 $1.13 5d 1 1.13mi
16194 Fielding St Unit 2 Detroit, MI 2.0 1.0 750 $950 $1.27 15d 1 1.14mi
17721 Westbrook St Detroit, MI 4.0 1.0 1040 $1,125 $1.08 24d 1 1.19mi
17324 Salem St Detroit, MI 2.0 1.0 989 $1,200 $1.21 24d 1 1.20mi
21434 Karl St Detroit, MI 2.0 1.0 1000 $1,350 $1.35 43d 1 1.21mi
14280 Bramell St Detroit, MI 3.0 1.0 1100 $1,500 $1.36 16d 1 1.22mi
21455 Pickford St Detroit, MI 2.0 1.0 1000 $1,275 $1.27 43d 1 1.23mi
18302 Wormer St Detroit, MI 3.0 1.0 1046 $1,475 $1.41 43d 1 1.29mi
14268 Riverview St Detroit, MI 2.0 1.0 900 $850 $0.94 43d 1 1.35mi
14260 Riverview St Detroit, MI 2.0 1.0 900 $900 $1.00 43d 1 1.35mi
14264 Riverview St Detroit, MI 2.0 1.0 900 $900 $1.00 43d 1 1.35mi
14262 Riverview St Detroit, MI 2.0 1.0 900 $985 $1.09 43d 1 1.35mi
14266 Riverview St Detroit, MI 2.0 1.0 900 $900 $1.00 43d 1 1.35mi
15318 Kentfield St Detroit, MI 3.0 1.5 900 $1,400 $1.56 43d 1 1.35mi
14224 Riverview St Detroit, MI 2.0 1.0 900 $1,050 $1.17 43d 1 1.35mi
14222 Riverview St Detroit, MI 2.0 1.0 900 $1,050 $1.17 43d 1 1.35mi
14234 Riverview St Detroit, MI 2.0 1.0 900 $1,050 $1.17 43d 1 1.35mi
14226 Riverview St Detroit, MI 2.0 1.0 900 $1,050 $1.17 43d 1 1.35mi
14230 Riverview St Detroit, MI 2.0 1.0 900 $1,050 $1.17 43d 1 1.35mi
14238 Riverview St Detroit, MI 2.0 1.0 900 $900 $1.00 43d 1 1.35mi

Listing history 15 events

  1. 2026-06-19
    days on marketlisting id $90,000 Active 1 DOM
  2. 2026-06-13
    days on market $90,000 Active 179 DOM
  3. 2026-06-13
    days on market $90,000 Active 178 DOM
  4. 2026-06-09
    days on market $90,000 Active 175 DOM
  5. 2026-06-08
    days on market $90,000 Active 174 DOM
  6. 2026-06-07
    days on market $90,000 Active 173 DOM
  7. 2026-06-04
    days on market $90,000 Active 170 DOM
  8. 2026-06-03
    days on market $90,000 Active 169 DOM
  9. 2026-06-01
    days on market $90,000 Active 167 DOM
  10. 2026-05-31
    days on market $90,000 Active 166 DOM
  11. 2025-12-16
    listed $90,000 Active 445-char remark
    Show marketing remark (445 chars)

    Welcome to 16101 Bramell St a nicely updated 3-bedroom, 1-bath home offering great value in Detroit. Features include updated flooring, fresh paint, a remodeled bathroom with modern tile, and a clean, functional layout. Bright kitchen with updated cabinetry and countertops. Full basement provides additional storage or potential. Ideal for owner-occupants or investors seeking an affordable, move-in ready property. Schedule your showing today.

  12. 2025-12-16
    listed $90,000 Active 445-char remark
    Show marketing remark (445 chars)

    Welcome to 16101 Bramell St a nicely updated 3-bedroom, 1-bath home offering great value in Detroit. Features include updated flooring, fresh paint, a remodeled bathroom with modern tile, and a clean, functional layout. Bright kitchen with updated cabinetry and countertops. Full basement provides additional storage or potential. Ideal for owner-occupants or investors seeking an affordable, move-in ready property. Schedule your showing today.

  13. 2006-12-15
    historical
  14. 2006-09-16
    listed $59,900
  15. 1993-10-01
    soldstatus $17,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$1,483 · $124/mo
Projected year-2 tax
$1,483 · $124/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,305
− Mortgage interest
−$5,041
− Property taxes
−$1,483
− Insurance
−$450
− Repairs & maintenance
−$1,224
− Management
−$1,224
− Depreciation
−$2,618
Taxable income
$3,263
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$783
After-tax cash flow
$3,711/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Detroit Public Schools Community District
NCES district ID
2601103
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 6.00%
Median HH income
$25,815
Composite
13.06/100
National rank
#9564
State rank
#499 of 540 in MI

Livability — Detroit

Score
73/100
State rank
#218
US rank
#5427

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety B- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Detroit, MI
County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
47,208
Household income
$43,655
Rent vs Own
45.1% rent · 54.9% own
Severe rent burden
3584.0

Population outlook (Wayne County) Hauer SSP2

Today (2025)
1,675,273 people
By 2030
1,620,300 · -3.3%
By 2040
1,502,341 · -10.3%
By 2050
1,384,039 · -17.4%
By 2075
1,124,592 · -32.9%
By 2100
881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (88%)
Race & ethnicity
Black 88% White 5% Two or more races 4% Hispanic / Latino 1%
Common ancestry
Romanian 1% Lithuanian 1%
Foreign-born
2% · Canada
Languages at home
96% English-only · Spanish 1% French/Haitian/Cajun 1%

Political lean MEDSL · Wayne

2024 margin
Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
2008→2024 swing
-20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
All cycles
2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -65.06%
Current HPI
563.3263
Rent YoY
▲ 8.04%
Metro
Detroit-Warren-Dearborn, MI
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+402.8% since first listed
5 events — show timeline
  • 2025-12-16 Listed $90,000 MiRealSource-MiMLS
  • 2025-12-16 Listed $90,000 REALCOMP
  • 2006-12-15 Listing Removed REALCOMP
  • 2006-09-16 Listed $59,900 REALCOMP
  • 1993-10-01 Sold (Public Records) $17,900 Public Records

Property tax history

-0.8%/yr

Latest (2025): $1,483 · +79.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…