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Low Cost House - Villa in Warren > Macomb County > Michigan > United States

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House/Villa Description

This is a STUNNING 3 BEDROOM BRICK BUILT BUNGALOW is in a very nice neighbourhood.

The property can be rented out on a long term basis for between $750 - $850 per month

SECURED PRICE OF PROPERTY: $32,200 / €21,756 / £19,515

TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS, REPAIRS AND FEES: $44,110 / €29,750 / £26,732

•Exceptional Low Cost Investment.
•Detached 3 Bedroom Brick Bungalow.
•Excellent Neighbourhood
•Colossal Capital Growth

The property comprises of a light spacious lounge with wooden flooring, fitted kitchen, 3 good sized bedrooms and lovely family bathroom. There are well maintained gardens to the front and rear of the property and a detached garage.

The bungalow will be rented for $750 to $850 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: $800 / €540 / £484

Monthly Expenses include:

Property Tax $183 / €123 / £110

Rental Management Fee $80 / €54 /£48

THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $537 / €363 /£326

NET INCOME PER ANNUM OF: $6,444 / €4,356 / £3,912

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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€31,951  |  £26,732  |  US$42,457
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 609411 
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:  Yes
  • Parking:  Private Garage and Driveway
  • Distance to Shops:  Close

Map of Warren, Michigan, United States


Towns located close to Warren, United States

  • Eastpointe


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Price: £26,732
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Purchase this House/Villa in Warren for

US$71p/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 23 26,732 75,000,000 - 242,990
Townhouse 8,000 625 25,000 6,000,000 - 209,900

* Calculations based on 17 properties for sale in Warren and 3225 properties for sale in USA




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