This property requires little input from the investor... full rental management included, no hassle, hands off property investment.

• Sold fully renovated & managed with a tenant in place

• Large detached property in sought after area

• 3 Bedrooms, 1bath, Living Room, Dining Room, Kitchen & Garage

• House size = 1200 sq.ft (plus basement = 600 sq.ft)

• Built 1938 / Plot = 35x104 (3640 sq.ft)

• Gardens to front and rear

• Property Tax = approx 2,200 USD per year

• Actual Rental Return = 825 USD/month

This is an ideal location for good rental and price rebound. It’s an excellent middle class residential area,

with easy access to the city centres. The property is close to the University District, the prestigious Detroit

Golf Club, and four 5 star rated schools. The property has had full renovation including a new kitchen and

no improvements are needed.

US071 - Kentucky Purchase Costs USD

Price (renovation already completed) 41,000.00

Notary/Legal Fee 500.00

ITIN (Tax Number) 200.00

Total Costs 41,700.00

On-going Income vs. Expense USD

Rental Return (year approx) 9,900.00

Property Tax (per year) 2200.00

Rental Management Fee (10% of income) 990.00

Annual Cash Profit 6,710.00

Return Net per year 16.37%

Estimated Current Market Value 80-85K