Bungalow for Sale in Detroit

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US$32,000 USD

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Ref 1805406 | Detroit, Michigan | 3 Bedroom Bungalow

Currency services provided by Excel Currencies US$32,000 USD  |  €29,901 EUR (Approx)  |  Approx.£25,748 GBP

18689 Westphalia St, Detroit MI 48205 is a beautiful 3 bedroom bungalow situated within a short distance of numerous facilities/amenities Built in 1946 the property totals 799 square feet on a lot of 4487 square feet. This home features include 1 car garage, fireplace and has a 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 is a very charming home on a nice street made of solid brick

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: $32,000

Agency Fee: $1000.00

Closing Costs (Estimated): $600.00

TOTAL OUTLAY: $33,600

RENTAL INCOME: $8,400 per annum

OUTGOINGS:

Property Taxes: $2,182.00

Insurance: $395.00

Management: $840.00

TOTAL OUTGOINGS: $3,417.00

NET INCOME: $4,983.00

THE NET YIELD IS THEREFORE A FANTASTIC 14.83 %

For further information or to reserve this property, please complete the enquiry form as soon as possible.

Price: 32000.00 $ Bedrooms: 3 Bathrooms: 1

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