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  • 3
  • Michigan
Price £18,750
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Property Description

Exclusive Offer - Invest in a detached 3 bedroom fully tenanted property in the best performing USA housing market where prices have gone up 10% in the last 12 months! With a further 20% expect by 2014 now is a great time to benefit from rising property prices and high rental yields of 20% pa.

We have sourced a superb selection of buy-to-let investment opportunities for our clients.

These recently refurbished, managed buy-to-let houses offer net yields of around 20% and are managed by one of Detroit's most respected management companies. All properties are located in Detroit, a prime investment area that offers massive capital growth prospects and high rental yields.

BMV USA Property – Fully tenanted with certificate of approval
Invest from: £18,750 / $29,500
Location: Detroit, Michigan, USA
Property Type: Detached House
Number of Beds: 3
Receptions: 2
Basement: Fully functional
Garage: Yes
Listing Type: Ready property
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Investment Summary
Prices from: £18,750 / $29,500
A range of buy-to-let properies
Brick-built 3-bedroom detached houses
Government inspected and approved
Fully managed and refurbished
Over 8000 families on waiting list to rent these types of properties
All housing is Government approved
Rent is backed by Government
High-level employers in the local area
Net yields of approx 20%

Key Features

Ready tenanted
Secure purchase process
Full title insurance
Freehold title
Free from debts and liens
50% Below build cost
20% net yield
All properties are Government approved
Rent is backed by Government
Fully managed
Fully refurbished
Desirable area
Close to Fortune 500 employers
Starting from £18,750 / $29,500

Typical Example:

3-bed, 1-bath Family Home
Purchase Price: £18,750 / $29,500
Fully tenanted and cash flowing from day one
Significantly below market value
Annual Rental Income: £5,437 / $8,700
Annual Net Income: £3,625 / $5,800
Total Net Yield: 20%

Our properties are typically 50% below what the build cost would be to replace a similar property. Enquire now before this window of opportunity closes!

Exchange rate of 1.6 used for above calculation. These figures may fluctuate with the exchange rate - please check at time of enquiry.

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