Beaverland 27.30% NET Return Year 1 and 16% NET Year 2 (ZPOC-T2877593) - Property : North America / United States / Michigan / City of Detroit

Beaverland 27.30% NET Return Year 1 and 16% NET Year 2 (ZPOC-T2877593)
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Property

22/05/2013 - réf 55531

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» Sale

» House / Villa

» Chalet / mobile home / modular space

24903.4021€

Rooms number :3

Address : (View map

)

City of Detroit

United States

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Imprimer

1st Year's Property Tax, Management Fees and Insurance ALL included ! $9,000 in your bank account Year 1 ! Great investment opportunity here with this single family home based in a desirable, family friendly neighbourhood in Detroit. The property has recently been renovated and offers a total of 3 bedrooms, 2 bathroom. All of our units have full Title Insurance and Warranty Deed.

All packages come inclusive with full service property management offering a genuine hands free property investment. &
All properties are refurbished with quality materials and professional rehab team
We only sell freehold properties that are clean and clear of debts and taxes. &
& All funds are held in US ESCROW by reputable and professional title companies - so you can rest assured all funds are safe throughout the entire purchase process. &
The financial crisis has created a genuine opportunity in Detroit that investors are unlikely to see again in this decade or even next. Prices are 50 % less than the cost to build and 65 % less than peak values. &

Purchase Price $32,999 Annual Rent $9000 Annual Expense Inc. Year 1 Insurance $350.00 Property Tax $2700 Property Management Fee $720 Annual Expense $3770 & Net Profit Yr.1 $9000 Net Profit Yr.2 $5230 1st Year Net Return 27.30% Year 2 Net Return 16% & With rent increase 18% NET Yield in Year 2 & Investment CharacteristicsBelow Market ValueCapital GrowthHigh YieldFully ManagedPositive CashflowImmediate IncomeAmenities and ServicesParkPlaygroundRestaurantsSchoolsShopsProperty CharacteristicsFreeholdNewly DecoratedRenovated1940sProperty FeaturesGarageOff Street ParkingKey selling points:1st year's Property Tax Insurance and Management fees ALL included within the purchase price.Professional Managment CompanyTenantedFull Clean Title insuranceWarranty Deed

Agents/Owners

Arkadia