US151 – Detroit Buy to Let! To be rented for $700pcm with a NET Yeild of 14%
| Ref: US151 Selling Price: 36 500USD Price: 23 194£ Area: Detroit |
Property size: 808 sq.ft.
Plot size: 3360 ft.
Bedrooms: 3
Attention – Buy to Let investors!!
If you’re serious about rental profit, this is the Detroit property for you!
We’re as pleased as punch to find this property to offer our clients. A great ranch style Detroit property that will be sold fully refurbished and tenanted! At just $36, 500 it offers exceptional value for money.
It’s a “turn-key” investment that requires little input from you, the investor, as we offer the property at the time of sale closing, fully refurbished and link our work with that of the rental specialist who successfully manages all our properties for clients. Then just provide your bank details for rent payment and, if wished, wait for the best moment to cash in by selling the the large local market.
You will have a smart, brick built, refurbished detached house in good area, paying good income for….well, just about peanuts!
Prices are rising now
Don’t think this situation will last long. It won’t. Prices are springing up from the absurdly low levels. Local investors are buying up such property and there are bidding wars on many such bargains.
Prices are now, in our estimation, sharply on the up.
The Property
This is an excellent detached 3 bedroom ranch style property in a quiet neighbourhood in Hamtramck (a suburb of Detroit), attractive to renters now and buyers in future. In good condition throughout, it will just need some minor refurb works to bring it up to rental standard. To view your net return for this property after costs, download the income expenses excel sheet at the bottom of this advert.
Other rooms include a living room/diner, family bathroom and kitchen. The top floor master bedroom is exceptionally spacious. To the rear of the property is a back yard and single garage.
We anticipate this property to be rented from $700 per month plus and have interest from a Section 8 (government backed) tenant. Contact us for further information.
A genuine opportunity – from the specialists.
No catch, just freehold detached property, with clean unencumbered title going for peanuts. However, don’t think such property can be picked up anywhere, by just clicking away on the internet, for example. We have done a lot of work on the ground in USA searching for such bargains. Avoiding cheap properties that come with attached liens and debts, or in bad neighborhoods.
We know where and what to buy and only offer the pick of properties to investors. American property is what we do, every day, with a passion that comes from knowing what a phenomenal bargain American offers right now. We source, refurbish and package so that you, the investor, own profitable property with the minimum of time, effort and risk. Invest with confidence now.
Please email tom@thefps.com for more photos and details.
