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Warren > Macomb County > Michigan > United States House - Villa Available

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House/Villa Description

GREAT INVESTMENT

This lovely house is situated on a HUGE DOUBLE PLOT

The property will rent LONG TERM for between $675 - $775 PER MONTH

SECURED PRICE OF PROPERTY: $18,100 / €12,229 / £10,969

TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS, REPAIRS AND FEES: $31,175 / €21,010 / £18,950

•Exceptional Low Cost Investment.
•Detached 2 Bedroom Brick House on Double Plot.
•Excellent Neighbourhood
•Colossal Capital Growth

The property comprises of a light spacious through lounge / dining room, kitchen, 2 good sized bedrooms and 2 bathrooms. This large house sits in a huge double plot of well maintained gardens to the front and rear of the property.

The property has had a new roof, new windows, new furnace and electrical systems. The property requires a new kitchen and some minor finishing touches all of which are included in the price.

The property will be rented for $675 to $775 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: $725 / €489 / £439

Monthly Expenses include:

Property Tax $216 / €145 / £130

Rental Management Fee $72 / €48 /£43

THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $437 / €296 /£266

NET INCOME PER ANNUM OF: $5,244 / €3,552 / £3,192

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

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Approximate price of this 2-Bed Unknown
€23,679 EUR | 
£18,950 GBP | 
US$29,707 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 609409 
Town Warren 
Region Macomb County 
Province Michigan 
Country United States  
Type House/Villa
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 1 year ago
Looking at property as an investment? ...   Find out more >>

Property Characteristics

  • Garden:  Very Large Garden
  • Parking:  Private Driveway
  • Distance to Shops:  Close

Map of Warren, Michigan, United States


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Price: £18,950
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Purchase this House/Villa in Warren for

US$50p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Warren, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Warren USA Warren USA Warren USA
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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