Medhead - Buy Your Dream Holiday Home
Advertise your property for as little as £20 per month
This huge property is split into four very large two bedroom apartments. Two of the apartments are currently tenant occupied at $400 a month and $425 a month. The two vacant apartments come with a $4,000 refurbishment included in the purchase price, they will rent for $500 for each apartment. This property also comes with two months guaranteed rent for the vacant apartments. The two months rent will be credited to your account on closing so you get all of the rent on the day you close. This property is under management by one of the leading Detroit management companies.This property is very well located, it is located in Potters which is less than 10 minutes from Downtown Detroit, to the east you have Morningside and to the west you have Midtown, this property will always be great for long term renting.
$21,900 rent a year.$2,190 management fee.$612.72 taxes.$1,000 insurance.= 33% net return.
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Synergy Property Investments (Global Investments Incorporated)
Date added: 05 Apr 2016
Date added: 30 Jun 2016