Cheap Three Bed and One Bath American Detached House Available
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Townhouse Description
AN IDEAL INVESTMENT FOR A PURCHASER ON A BUDGET !
A 3 bedroom detached property that includes a detached garage
WILL BE RENTED BY MANAGEMENT COMPANY FOR $700 A MONTH TO TENANTS ON ANNUAL RENEWABLE LEASE BEFORE PROPERTY COMPLETION TAKES PLACE
PRICE OF PROPERTY: $17,000 / €12,143 / £10,692
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $21,830 / €15,592 / £13,729
•Low Cost Investment Opportunity
•Ideal for Investor on a Budget
•Will be rented for $700 a month by Management Company
•Detached 3 Bedroom Property with Garage
A 3 bedroom, 1 bathroom house with a detached garage and a new heating furnace being installed by the present owners.
This property measures 900 sq ft of build area and is on a plot measuring 4,816 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 home will include a new heating furnace in the asking price.
The property will be rented out to tenants on annual renewable lease for $700 a month by the Property Management Company providing the new owner with an excellent monthly rental return and an annual rental yield of over 27% net. IDEAL FOR INVESTORS ON A BUDGET WANTING A GOOD MONTHLY INCOME FROM RENTAL!
GROSS MONTHLY RENTAL INCOME: $700 / €500 / £440
Monthly Expenses include:
Property Tax of $125 / €89 / £78
Property Management Fee of $70 / €50 / £44
Tenant pays water, electric and gas
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $505 / €361 / £318
NET INCOME PER ANNUM OF: $6,060 / €4,332 / £3,816
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: $1.40=€1 $1.59=£1
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Approximate price of this 3-Bed Detached house
€13,360 EUR |
£10,692 GBP |
US$16,761 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Detached house |
| Bathrooms |
1 |
| Bedrooms |
3 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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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
Similar Properties in or near Warren
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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: £10,692
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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Looking to buy property in Warren, Macomb County, Michigan, United States?
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Tel: (+34) 952 471 774 | 
UK Freephone: 0800 047 0597 | 
US Toll Free: +1-866 656 7152
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