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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 Excel Currencies)
Ref 752558 
Town Warren 
Region Macomb County 
Province Michigan 
Country United States  
Type Townhouse
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:  Private Garden
  • Parking:  Private Garage and Driveway
  • Distance to Shops:  Close

Map of Warren, Michigan, United States


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Price: US$9,000
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Purchase this Townhouse in Warren for

US$15p/m

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

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

GET A QUOTE NOW


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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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