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Discounted House - Villa in Eastpointe > Macomb County > Michigan > United States

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House/Villa Description

DETACHED 3 BEDROOM HOUSE WITH 2 CAR GARAGE SITUATED IN A GOOD AREA IN EASTPOINTE, MICHIGAN.

This property can be rented to long term tenants by our Property Management Company for $700 to $800 a month.

SECURED PRICE OF PROPERTY: $12,500 / €8,445 / £7,575

TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS, FEES AND REPAIRS: $33,165 / €22,355 / £20,098

•Exceptional Low Cost Investment Opportunity
•Detached 3 bedroom Property with Double Garage
•Superb Location and Neighbourhood

The property comprises of 3 bedrooms, lounge, eat-in kitchen, bathroom, detached double garage and diveway for the parking of several cars. The property measures 1,015 sq ft of build area and is on a good sized plot measuring 5,880 sq ft.

The property will be rented out to long term tenants by the Property Management Company for $700 - $800 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: $750 / €506 / £454

Monthly Expenses include:

Property Tax of $208 / €140 / £126

Property Management Fee of $75 / €50 / £45

THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $467 / €316 / £283

NET INCOME PER ANNUM OF: $5,604 / €3,792 / £3,396

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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€22,355  |  £18,703  |  US$29,705
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 611615 
Town Eastpointe 
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:  Double Garage and Driveway
  • Distance to Shops:  Close

Map of Eastpointe, Michigan, United States


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Price: €22,355
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Purchase this House/Villa in Eastpointe 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 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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