Amenities & Services
Fixtures-Fittings-Furnishings
Building Characteristics
Property Features
Newly renovated, rented house ready for an investor to collect a check each month! Invest in Detroit, the comeback city where prices are moving up but investments are still excellent.
- New Roof
- New Furnace
- New Hot Water heater
- Updated electric & pex plumbing
- Newer windows
- Totally new kitchen: cabinets, countertop, sink, faucet, vinyl floors
- Newly painted
- New carpeting throughout
- Bathroom has new vanity, new 2-flush toilet, newly reglazed tub
- Basement clean and dry and freshly painted floors
- Tenant supplies all appliances -- fewer maintenance costs for the owner!
- Tenants have good jobs and good payment history
- Tenants keep the house immaculate
I'd love to tell you more! (248) 390-3982.
Check out the Youtube link for a tour on move-in day.
Available Units
- GBP Price: £36,454
- EUR Price: €40,597
- USD Price: $49,500
Key Selling Points
- New roof- furnace- hot water heater- updated plumbing & electric- new flooring- freshly painted- rented to perfect paying tenant
Category : Residential Buy to Let
Cash requirement : £36,454
Payment Structure : 1.00 USD Depsoit
No Deposit. Cash purchase only.Completion Date:
Newly renovated June 2020Risk Level: Cautious
Any turnkey property has risks but we feel this is low.Current Condition : Refurbished
New roof, furnace, hot water heater, updated plumbing & electricOccupancy : Tenanted
1 year lease started June 2020Income Yield: 14.50% Net Yield Estimated
Inclu taxes, ins, PM fees =14.5%Returns Start In...: September 2020
Returns upon purchaseOngoing Costs : 82.50 USD per Month
$82.50 PM fee, $600/yr ins, $1,114/yr taxesCapital Growth:
Projected
