Gorgeous 3 large bedroom, 1.1 bathroom home is in a peaceful area of the West side of Detroit. There is a boys and girls club across the street. This home is also near Bates Academy which is a K-8th grade school. It has a 9 out of 10 rating according to GreatSchools.org.
Financial Snapshot
Income
Price: $ 70,000
Monthly Income: $900
Gross Yearly Income: $10,800
Net Annual Return: $8,020
Expenses
Yearly Taxes: $1,100
Insurance Cost: $600 yearly
Management Fee: $1,080
Return
ROI: 11.46%
Property Details
Structure Type: Bungalow
Square Footage: 1,100 ft2
Bedrooms: 3
Bathrooms: 1.1
Garage: 2 car
Basement: YES