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US076 - Detroit, Michigan
Property Details
An impressive detached family residence:
House size: 1476 Sq. Ft
It’s a solid 3 bedroom detached home, set amongst attractive trees, and is sure to make a great home for anyone.
It’s a good quality street with proud home owner neighbours – a place we know very well and where we are always on the look-out for property to offer there. Trick is to get one with low taxes, as in these in these more expensive locations charges can be high.
Key Features
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Type of property
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House
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Bedrooms
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3
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Garden/yard
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Front & Rear
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Floor Level
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N/A
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Garage
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Yes
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Investment Deal
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Value
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£27,301
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Purchase Costs (Inc. fees and ownership)
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$44,500
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ITIN (Tax No.) & Buying Costs (Notary Fee)
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$995 Approx.
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Property Tax
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$0
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Total Investment
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$45,495
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Position after year 1:
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Property Tax
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$1,641 Approx.
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Rental Management Fee
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$960
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Building Insurance (Tbc)
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$750 Approx.
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Total Costs
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$3,351
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Rental Return
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$9,600
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Annual Profit
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$6,249
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Return NET
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21.57%
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NB: Figures are conservative and rental return could actually be a lot higher
For further enquiries, click here to contact us
Images
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