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18911 Prevost St, Detroit MI 48235 is a beautiful 3 bedroom bungalow situated within a short distance of numerous facilities/amenities Built in 1960 the property totals 1100 square feet (approx) on a lot of 4591 square feet and is made of solid brick. This home features include a garage, fireplace, living room and formal dining room. This property also has interior blinds, wood floor and carpet throughout and is painted a soft two tone. This also benefits from an alarm system.The property has recently been refurbished to a high standard and is newly tenanted to ensure an excellent income from day one.Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!KEY FIGURES:Purchase Price: $37,000Agency Fee: $1000.00Closing Costs (Estimated): $600.00TOTAL OUTLAY: $38,600RENTAL INCOME: $9,600 per annumOUTGOINGS:Property Taxes: $2,158.00Insurance: $395.00Management: $960.00TOTAL OUTGOINGS: $3,513.00NET INCOME: $6,087.00THE NET YIELD IS THEREFORE A FANTASTIC 15.77 %For further information or to reserve this property, please complete the enquiry form as soon as possible.Price: 18911.00 $ Bedrooms: 3 Bathrooms: 2
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