Three bedroom house, Detroit, USA
Detroit, Wayne County, Michigan, USA
Property ID: 22754364
Summary Data
| Price | £25,052 |
| Price Type | |
| Bedrooms | 3 - Bed |
| Bathrooms | 1 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | Townhouse |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This large three bedroom house is ideally located in the heart of Cornerstone Village, right next to East English Village.The property is in a great condition and was only refurbished in 2013 including a new roof. The property has great tenants in place paying $700 a month.This is a great rental property and is under management by one of the leading Detroit property management companies.This property is located in Cornerstone Village which is a great location in Detroit, it is right next to East English Village, Grosse Pointe Farms and Harper Woods. This property is perfectly located for long term renting.
Investment Details
$8,400 rent a year.
$840 management fee.
$1,950 taxes.
$500 insurance.
= 17% net return.