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3 Bedroom Detached Bungalow, Detroit, Michigan in Detroit, Michigan

Property Particulars

Prices from USD 25,000

Bedrooms: 3
Tenure: Other
Bathrooms: 2
Property age: New

Property Description

Total Cost to buy inc. all purchase costs, fees and repairs: $ 41,365/� 25,153
THIS IS A BEAUTIFUL BRICK BUILT BUNGALOW WITH DETACHED GARAGE IN A VERY NICE NEIGHBOURHOOD.

Very similar properties in this area have just sold between $53,000 and $74,500

The property can be rented long term for between $800 - $900 per month

The property will give the purchaser a high capital growth over the next 3 to 5 years.

NET INCOME PER ANNUM OF: $5,688 / �3,456 / �3,840

SECURED PRICE OF PROPERTY: $25,000 / �16,892 / �15,151

TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS, REPAIRS AND FEES: $42,665 / �28,812 / �25,153

�Exceptional Low Cost Investment.
�Detached Brick Built 3 Bedroom Bungalow.
�Excellent Neighbourhood
�Colossal Capital Growth
The property comprises of kitchen, lounge, dining area and large fenced in garden. There are 3 good sized bedrooms and 2 bathrooms. There is a driveway for the parking of several cars leading up to the side of the house with a detached garage at the rear.

The bungalow will be rented for $800 to $900 a month to long term tenants by the Property Management Company, who will manage your property and tenants on your behalf.

GROSS MONTLY RENTAL INCOME WILL BE: $850 / �515 / �574

Monthly Expenses include:

Property Tax $291 / �176 / �197

Rental Management Fee $85 / �51 / �57

THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $474 / �288 / �320

NET INCOME PER ANNUM OF: $5,688 / �3,456 / �3,840

We bring to you the whole package:

1.Exceptionally Low priced Investment Properties
2.High Yield Rental Income
3.Property Management Company
4.Engineers Home Inspection Report
5.Title Company/Attorney Assigned
6.Complete Personal Service and Supervision of your Purchase from Start to Finish
7.Insurance Available
8.Assistance with opening up a US Bank Account
All prices are calculated at the following currency conversion rates: $1.65=�1 $1.48=�1

Property Photographs

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