House - Villa in Warren - Propertyshowrooms.com
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House/Villa Description
IDEAL FOR INVESTORS ON A BUDGET!!
THIS IS A LOVELY DETACHED COLONIAL HOME IN A VERY NICE NEIGHBOURHOOD.
The property will rent long term for between $650 to $750 PER MONTH and will give a 31% net annual rental income.
THIS PROPERTY HAS HUGE CAPITAL GROWTH POTENTIAL.
SECURED PRICE OF THIS PROPERTY: $12,000 / €8,108 / £7,595
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS, FEES AND REPAIRS: $22,675 / €15,305 /£14,351
The property is situated in a very nice middle class neighbourhood and in the Detroit Metropolitan Area and comprises of Lounge / Diner, Updated Kitchen, 2 Bedrooms, 1.5 Bathrooms, Lawned Gardens to Front, and Rear of property and a Large Detached Garage.
The house requires some repairs included in the purchase price. The property will be freshly painted, new carpet and floor coverings, plus some other minor repairs which are listed on the repair quote. All repairs will be organised and overseen by the Property Management Company.
The Property can be rented out by the property Management Company on a long term basis for between $650 and $750 per month and will give a 31% net annual rental income.
AVERAGE GROSS MONTHLY INCOME WILL BE: $700 / €473 / £443
Monthly expenses include:
Property tax $166 / €112 / £105
Rental Management Fee $70 / €47 /£44
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $464 / €314 / £295
We bring to you the whole package:
1.Exceptional Low Cost Investment Opportunity in the Detroit Metro Area.
2.Property Management Company.
3.Engineers Home Inspection Report.
4.Title Company / Attorney Assigned.
5.Complete unrivalled supervision of your purchase from start to finish.
6.Insurance available on request.
7.Assistance with the opening of an American bank account if required.
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Approximate price of this 2-Bed Unknown
€9,490 EUR |
£7,595 GBP |
US$11,906 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
House/Villa |
| Bathrooms |
1 |
| Bedrooms |
2 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Property Characteristics
- Garden: Yes
- Parking: Garage and Driveway
- Distance to Shops: Close
Map of Warren, Michigan, United States
Towns located close to Warren, United States
Similar Properties in or near Warren
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ATTENTION ALL INVESTORS!! EXCEPTIONAL INVESTMENT OPPORTUNITY IN DETROIT, USA FOR ONLY £11,636. 3 BED BRICK BUILT DETACHED BUNGALOW.
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UNDER £19,500 - AN INVESTMENT PROPERTY IN DETROIT. DETACHED 3 BEDROOM BRICK BUILT HOUSE WITH EXCELLENT LONG TERM RENTAL POTENTIAL AND MANAGEMENT COMPANY IN PLACE!
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SUPERB DETROIT INVESTMENT PROPERTY SITUATED IN A MIDDLE CLASS NEIGHBOURHOOD AND PROVIDING A 29% NET ANNUAL RENTAL INCOME.
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Price: £7,595
Currency in United States
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Latest Property News in USA
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Price of Property in Warren, USA
| (All prices in EUR) |
Warren |
Warren |
Warren |
| House/Villa |
7,595 |
240 |
26,732 |
65,000,000 |
- |
242,990 |
| Townhouse |
8,000 |
23 |
25,000 |
6,400,000 |
- |
209,900 |
* Calculations based on 17 properties for sale in Warren and 5114 properties for sale in USA |
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Looking to buy property in Warren, Macomb County, Michigan, United States?
If you are interested in this Warren > Macomb County > Michigan > United States House - Villa Available then here some more similar properties:
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