Global Property Guide

Financial Information for the Residential Property Buyer

Townhouse

Full Description

This four bedroom house has just been completely refurbished throughout and comes Section 8 approved. This house has beautiful hardwood floors, a detached garage and four large bedrooms. The building work was carried out by one of the leading Detroit building companies. The management company are currently in the process of placing a Section 8 tenant.This property is very well located, the area is called Fairfield which is right next to the famous Grandmont Rosedale. The property is on a well kept street and has many amenities and facilities nearby.

 

Investment Details

 

$9,000 rent a year.
$900 management fee.
$1,478 taxes.
$500 insurance.
= 18% net return.

Key Information

Property ID: 22573224
Location: USA, Michigan, Wayne County, Detroit
Categories:
  • House
  • Townhouse
Bedrooms: 4
Bathrooms: 1
Price:
  • £27,782
  • €30,930
  • $34,900
Short Description:

This huge four bedroom brick house is in amazing condition inside and in a great area of Detroit for long term rentals.