Global Property Guide

Financial Information for the Residential Property Buyer

Townhouse

Full Description

This large three bedroom colonial house offers incredible value for money, this property is located in Schwass College Park on a very well kept street. This property has had recent updates and has great long term tenants in place. This property is under management by one of the leading Detroit property management companies.Schwass College Park is a good family area in Detroit and has good schools and great local facilities. This property is located right next to McShaefer Shopping Centre which is a very popular Mall in Detroit.

 

Investment Details

 

$8,100 rent a year.
$810 management fee.
$1,786 taxes.
$500 insurance.
= 19% net return.

Key Information

Property ID: 22607464
Location: USA, Michigan, Wayne County, Detroit
Categories:
  • House
  • Townhouse
Bedrooms: 3
Bathrooms: 1
Price:
  • £20,445
  • €23,330
  • $27,000
Short Description:

This large three bedroom brick house is a great investment in Detroit at only $27,000 and also tenanted a perfect first time investment.