Detroit Property with 21% ROI
Attention Investors and Home Buyers! Here is a gorgeous brick residential
property located in a desirable location! Where this property is located, there are
no burned out homes and the surrounding neighbors are longtime home owners.
This property features 1128 sq. ft., 3 bedrooms and 1.5 bathrooms, one car
garage, natural fire place and hardwood floors throughout the home with a large
basement with lots of storage. Bates Academy (K – 8), Renaissance High School (9
– 12) and Mary Grove College are minutes away from this property. This property
needs minimum work to get in renting condition. Once this property is rehabbed,
it will rent for $850/month. Feel free to call Joseph (313-656-8079) or Kiara (313-
363-4284) if you have any questions or would like to setup a time for a showing.
Property Breakdown (Yearly Numbers):
Purchase Price: $30,000
Income: $10,200
Expenses: $3,890
Cash Flow: $6,310
ROI: 21%
Here is the link to view the interior and exterior photos.
http://drive.google.com/drive/folders/0B4mfBn6ga7FrLVkzdzdrd2s4dW8?usp=sharing_eil&ts=5903e623