Three bedroom house Detroit, Wayne County, Michigan, USA 3 Bed Townhouse £25,348 | €27,964 | $32,900 Request a Currency Exchange Quote Here

This large three bedroom house is a great investment at only $28,000 and also tenanted paying $8,400 per month.

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Basement, On Street Parking

Lifestyle features

Suburban, Town
Property Description ID:22905956

This large three bedroom house is located in Brightmoor a very popular area with investors. The property is in a good condition and has great tenants in place paying $700 a month in rent. This property is under management by one of the leading Detroit property management company.Brightmoor is a great area with many good schools and lots of local amenities, it is close to Redford Charter Township, Eliza Howell Park, Grandmont Rosedale and Rosedale Park which are also good areas in Detroit.

 

Investment Details

 

$8,400 rent a year.
$840 management fee.
$1,600 taxes.
$500 insurance.
= 20% net return.

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