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  • $40,000
    •
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  • 3 bedrooms
  • House  3 bedrooms
  • For Sale 
  • Detroit
  • united states Flag United States
This home is a gem. 3 Bedroom Brick property sits on the Detroit/Redford Township border. It is currently tenanted at $850 per month. It features a finished basement, a large living room and a 2 car garage. Property last sold for $86,250 on 11/08/2004.

Your Investment $40,000
Monthly Rent $850
Annual Rent Income $10,200
Projected Annual Property Taxes $2200
Projected Annual Property Insurance $775
Annual Property Management (10%) $1020
Projected Net Monthly Rental Income $438
Projected Net Annual Rental Income $5250
Projected Net Annual Return 15.51%
This home is a gem. 3 Bedroom Brick property sits on the Detroit/Redford Township border. It is currently tenanted at $850 per month. It features a finished basement, a large living room and a 2 car garage. Property last sold for $86,250 on 11/08/2004.

Your Investment $40,000
Monthly Rent $850<...
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