Four bedroom house, Detroit, USA
Detroit, Wayne County, Michigan, USA
Property ID: 22498603
Summary Data
| Price | £25,392 |
| Price Type | |
| Bedrooms | 4 - Bed |
| Bathrooms | 1 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | Townhouse |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This very large four bedroom house has recently been refurbished throughout . The property comes on a huge corner lot and has a full basement and large rear garden. There is a new tenant in place paying $800 a month. This property is under management by one of the leading Detroit property management companies.This property is located in Builders right next to the famous Old Redford Community. This is a nice family area with great schools and colleges, close by you have Renaissance High School, Old Redford Academy and Wayne County Community College.
Investment Details
$9,600 rent a year.
$960 management fee.
$1,633 taxes.
$500 insurance.
= 22% net return.