American Townhouse Available by Property Showrooms
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Townhouse Description
ATTENTION INVESTORS ON A SMALL BUDGET !!
ONLY £9,411 !!!!!! with a 45% NET Rental Return
A 2 BEDROOM TENANTED PROPERTY IN WARREN, MICHIGAN
This is an EXCEPTIONAL price
SECURED PRICE OF PROPERTY: $9,000 / €7,377 / £6,206
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $13,650 / €11,188 / £9,411
•Exceptional Low Cost Investment Opportunity ONLY £9,411
•Providing a 45% Net Rental Return
•Already Rented to Tenants on a Yearly Lease
•Income From Day 1
•Detached 2 bedroom Property with Garage
•Superb Location and Neighbourhood
The property comprises of 2 bedrooms, lounge, eat-in kitchen, bathroom, detached garage and diveway for the parking of several cars. The property measures 800 sq ft of build area and is on a good sized plot measuring 4,280 sq ft. The property is situated in Warren on the suburbs of Detroit, in a middle class area of owner occupant and rental homes.
The house is rented out to long term tenants on a yearly renewable lease for $560 a month. This equates to a massive 45% net rental return per year!!
GROSS MONTHLY RENTAL INCOME: $560 / €459 / £386
Monthly Expenses include:
Property Tax of $166 / €136 / £114
Property Management Fee of $56 / €46 / £39
Tenant pays water, electric and gas
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $338 / €277 / £233
NET INCOME PER ANNUM OF: $4,056 / €3,324 / £2,796
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: $1.22=€1 $1.45=£1
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Approximate price of this 2-Bed Unknown
€7,174 EUR |
£5,741 GBP |
US$9,000 USD |
(Currency and Foreign Exchange services supplied by )
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| Type |
Townhouse |
| Bathrooms |
1 |
| Bedrooms |
2 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
Find out more >>
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Property Characteristics
- Garden: Private Garden
- Parking: Private Garage and Driveway
- Distance to Shops: Close
Map of Warren, Michigan, United States
Towns located close to Warren, United States
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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: US$9,000
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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