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Updated over 9 years ago,

User Stats

65
Posts
3
Votes
Guillaume Derouet
  • Investor
  • Ann Arbor, MI
3
Votes |
65
Posts

Brick Ranch Style OFF market property with great returns !!!

Guillaume Derouet
  • Investor
  • Ann Arbor, MI
Posted

- 706 sqft

- 2 bdrm / 1 Bath

- Garage

- Great Backyard

- Fenced

- Full basement

- New Furnace

- New Water Tank

- New electrical panel

- Repairs mostly cosmetics

- Sold As-Is

Pictures of the property :

https://www.dropbox.com/sh/4nmxh5wlcnyncpj/AABhouDy97ApfFv5ZHnWJdOpa?dl=0

Comps for 2-3 bedroom sold the last 6 months within 1 mile radius $40-$45k.

ASKING $20K.

Annual Rent ( Rentometer ) : $7800

Annual Management : $780

Annual Taxes : $1200

Annual Insurance : $600

Now ROI with management = 26%

Now ROI without management = 30%

It is owner occupied, so please do not disturb. Let me know if you are interested and i will get you access.

Guillaume 734-707-4051

[email protected]

Offering