Homes Abroad the UK's leading guide to Holiday Homes Abroad

  • 3
  • Michigan
Price £20,454
  • title image

Property Description

SOLD. 15008 Strathmoor St, Detroit, MI 48227 is a character 3 bedroom property located just to the west of the sought after Bagley district. It has recently been refurbished and is already tenanted at $750 per month, numerous photos are available on request.

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

Closing costs: $2,500

TOTAL OUTLAY: $34,500

RENTAL INCOME: $9,000 per annum

OUTGOINGS:

Taxes: $1,508

Insurance: $395

Management $900

TOTAL OUTGOINGS: $2,803

NET INCOME: $6,197

THE NET YIELD IS THEREFORE A FANTASTIC 18%

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

Price: 32000.00 $ Bedrooms: 3 Bathrooms: 1

Make Enquiry....

Property Location

country location
Join the HomesAbroad Newsletter