Two bedroom house, Detroit, USA
Detroit, Wayne County, Michigan, USA
Property ID: 23583568
Summary Data
| Price | £23,693 |
| Price Type | |
| Bedrooms | 2 - Bed |
| Bathrooms | 1 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | Townhouse |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This large two bedroom house is in a great condition and has been very well maintained by the current tenants. The tenants are paying $700 a month which is very high rent for a two bedroom house. The property has wooden floors, a full basement and large rear garden. This house is under management by one of the leading Detroit property management companies.This property is located in North Rosedale Park which is a good family area right next to Grandmont Rosedale. Rosedale Park and Grandmont Rosedale are expensive areas in Detroit with great schools and lots of local amenities. This property is just a few streets away from Wayne Community College which is one of the biggest colleges in Detroit.
Investment Details
$8,400 rent a year.
$840 management fee.
$1,112 taxes.
$500 insurance.
= 22% net return.