Global Property Guide

Financial Information for the Residential Property Buyer

Townhouse

Full Description

This very large four bedroom brick property is very well maintained and is under management by one of the leading Detroit property management companies, the property comes with a great tenant who are paying $800 a month.The property is located in Dailey Park just five minutes from Downtown Detroit, which makes it perfect for long term renting.

 

Investment Details

• $9,600 Rent a year.

• $960 Management fees.

• $1,383 Property taxes.

• $500 Insurance.

• 21% Net return.

• Full basement.

• 1,161 sqft built.

• Large 4,182 sqft lot.

Key Information

Property ID: 21867566
Location: USA, Michigan, Wayne County, Detroit
Categories:
  • House
  • Townhouse
Bedrooms: 4
Bathrooms: 1
Price:
  • £24,609
  • €28,080
  • $32,500
Short Description:

This huge four bedroom brick house is amazing value at only $32,500 and is also tenanted paying $800 per month.