Home | All Classifieds | Cars | Real Estate | Jobs | Sell & Buy | Services | Pets | Post Ad (Free!) | Local Ads
Search for:

Members Only:
Welcome to Kugli.com!

New to Kugli.com?
* Create Member Account!

Already a Member?
Login Below:
E-Mail Address:

Password:


Forgot Password?
E-Mail Address:






Popular Locations

* India
  * Chennai
  * Bangalore
  * North Delhi
  * Hyderabad
  * Gautam Buddha Nagar
  * Ghaziabad
* United States
  * New York
  * Los Angeles
  * New York City
  * Houston
  * Miami
  * Dallas
* Cyprus
  * Limassol
  * Nicosia
  * Larnaca
  * Paphos
  * Famagusta
  * Kyrenia
* Kuwait
  * Kuwait City
  * Doha
  * Hawalli
  * Al Ahmadi
  * Abu Halifa
  * Fintas
* China
  * Shenzhen
  * Guangzhou
  * Hangzhou
  * Shanghai
  * Qingdao
  * Jing'An
* Spain
  * Alicante
  * Málaga
  * Marbella
  * Barcelona
  * Torrevieja
  * Murcia


Six Bedroom House (ref. 41581409)
Date & Time Listed: 2021-04-01 10:43:39 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 6, Number of Bathrooms: 2
Posted From: United States, Michigan, Wayne


Ad Details:

This large multi-family house is well located in Grand River on the Westside of Detroit, just north of Aviation Sub. The property is made up of two large three bedroom apartments and has just undergone a refurbishment. The work has been done to a Section 8 standard and the management company will be placing two Section 8 tenants before you close on the property, each tenant will be paying $1,100 rent per month. This property is managed by a great local property management company.
The property is located next to Aviation Sub which is seen as one of the best neighbourhoods in Detroit, it was one of the first exclusive subdivisions built outside the city of Detroit. Grand River is also next to Dearborn which is also viewed as one of the top areas in Detroit.
Investment Calculation
Purchase price: 109,900
Gross annual rental income: $26,400
Property running costs: $4,186
(Tax, insurance and management costs)
Net annual rental income: $22,214
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 21%
Break even in 4.76 Years
This property is a Townhouse for sale.

Other Details:

Number of Bedrooms: 6
Number of Bathrooms: 2

Price: 10,900.00 USD




More Ads Posted by Member
Photos:


Contact Ad Poster by E-Mail






Please type the above 4 characters (This is to prevent robots answering ads):



Report Ad


A valid email address is required

This field is required
or Cancel
* Fraud / Scam
* Wrong Category / Location
* Spam / Overpost


Safety Tips:
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.

Related Links:
* Wayne - Real Estate Classified Ads
* Michigan, United States - Real Estate Classified Ads
* United States - Real Estate Classified Ads
* Wayne - Houses for Sale Classified Ads
* Michigan, United States - Houses for Sale Classified Ads
* United States - Houses for Sale Classified Ads


Copyright 2006 - 2021 Kugli.com - Privacy Policy | Terms of Service | Contact Us | Top Classified Keywords | Other Relevant Internet Resources
US Classifieds | UK Classifieds | Canada Classifieds | Italy Classifieds | Spain Classifieds | Bahrain Classifieds | Germany Classifieds | UAE Classifieds | India Classifieds