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3070 Ewald Circle St, Detroit, MI 48238 is a spacious 3 bed 1½ bath colonial, built in 1946 the property totals 1328 square feet on a lot of 4008 square feet. This property has wood and carpet throughout and is painted a soft two tone. This home features include a garage, fireplace, living room and formal dining room. This property also has interior blinds and benefits from a garage and an alarm system.The property is currently being refurbished to a high standard located on a nice street lined with other stylish brick homes which is on the more desirable of Detroit.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: $9,000 per annumOUTGOINGS:Property Taxes: $1,600.00Insurance: $395.00Management: $900.00TOTAL OUTGOINGS: $2,895.00NET INCOME: $6,105.00THE NET YIELD IS THEREFORE A FANTASTIC 15.82 %For further information or to reserve this property, please complete the enquiry form as soon as possible.Price: 33000.00 $ Bedrooms: 3 Bathrooms: 1
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