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House - Villa on Offer in Eastpointe > Macomb County > Michigan > United States

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House/Villa Description

SUPERB 3 BEDROOM DETACHED INVESTMENT PROPERTY WITH DOUBLE GARAGE LOCATED IN A NICE NEIGHBOURHOOD OF EASTPOINTE, MICHIGAN.

This property can be rented to long term tenants for $750 to $850 a month.

SECURED PRICE OF PROPERTY: $17,010 / €11,493 / £10,309

TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS, FEES AND REPAIRS: $34,185 / €23,045 / £20,717

•Exceptional Low Cost Investment Opportunity
•Detached 3 bedroom Property with Double Garage
•Superb Location and Neighbourhood
•Current Market Value without Repairs = $47,330

This property comprises of 3 good sized bedrooms, lounge, eat-in kitchen, bathroom, detached double garage and diveway for the parking of several cars.

The property will be rented out to long term tenants by the Property Mangement Company for $750 - $850 a month.

The repairs on the property (included in the total cost) will be organised and overseen by the Property Management Company on your behalf.

GROSS MONTHLY RENTAL INCOME WILL BE: $800 / €540 / £484

Monthly Expenses include:

Property Tax of $250 / €168 / £151

Property Management Fee of $80 / €54 / £48

THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $470 / €318 / £285

NET INCOME PER ANNUM OF: $5,640 / €3,816 / £3,420

We bring to you the whole package:

1.Exceptionally Low Priced Investment Properties
2.High Yield Rental Income
3.1st Class 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 a US Bank Account

All prices are calculated at the following currency conversion rates: $1.48=€1 $1.65=£1


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€24,772  |  £20,717  |  US$32,672
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 611614 
Town Eastpointe 
Region Macomb County 
Province Michigan 
Country United States  
Type House/Villa
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 1 year ago
Innovative investment strategies offering 25% annualized returns regardless of market conditions   Find out more >>

Property Characteristics

  • Garden:  Yes
  • Parking:  Double Garage and Driveway

Map of Eastpointe, Michigan, United States


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Price: £20,717
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Purchase this House/Villa in Eastpointe for

US$55p/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 Eastpointe, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Eastpointe USA Eastpointe USA Eastpointe USA
House/Villa 17,217 23 25,153 75,000,000 - 242,990
Townhouse 20,689 625 20,689 6,000,000 - 209,900

* Calculations based on 6 properties for sale in Eastpointe and 3225 properties for sale in USA




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