$55,000 DETROIT. Refurbished And Tenanted Colonial. 12.03% Net Yield.

  • Price: 55000.00 $
  • Bedrooms: 3
  • Bathrooms: 1

Refurbished and tenanted detached Colonial property in sought after district.

FINANCIALS:

 

GROSS RENTAL:     $9,600

 

OUTGOINGS:

PROPERTY TAXES:    $1,425

INSURANCE:            $600

MANAGEMENT:         $960

 

TOTAL OUTGOINGS:  $2,985

 

NET INCOME:     $6,615

This represents a great net yield of 12.03% with excellent potential for capital appreciation.

Please complete the Enquiry Form for further information.

 

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