A definite must see! Beautiful 3 bedroom brick Tudor. Large living room w/ fireplace, formal dining room, large Master bedroom, carpeted thru-out. Brand new roof, hot water tank, furnace central air unit. 1400 sq ft, Partially Finished basement with additional rooms. Large yard with Privacy fence, attached garage.
Financial Snapshot
Income
Price: $130,000
Monthly Income: $1,200
Gross Yearly Income: $14,400
Net Annual Return: $10,260
Expenses
Yearly Taxes: $2,100
Insurance Cost: $600 yearly
Management Fee: $1,440
Return
ROI: 7.89%
Property Details
Structure Type: Bungalow
Square Footage: 1,408 ft2
Bedrooms: 3
Bathrooms: 1.5
Garage: 2 car
Basement: YES
Born and raised in Livonia, Michigan, local business owner and real estate entrepreneur Mike Jordan is the man behind Strategy Properties.
With the intent of helping investors looking for opportunities in Detroit real estate, Mike not only has a number of companies and advocacy projects specifically catering to this industry, but also runs a Michigan real estate blog, and frequently guests on podcasts relating to investing and wealth-building.
