IF YOU'RE LOOKING FOR A SOLID CONSERVATIVE RETURN THEN THIS IS A PROPERTY FOR YOU!

PLEASE LOOK AT THE ACTUAL EXPENSES BUDGETED WHEN COMPUTING YOUR ROI!

AREA INFO:

***The Detroit suburb of Inkster is located directly west of Detroit. Comprised of mostly 2 and 3 bedroom homes Inkster is undergoing a transformation of youth. Young families are finding affordability with ease of access to downtown Detroit, Ford Manufacturing Facility and Detroit Wayne Metro Airport with a quiet suburban lifestyle. In 2016 the planning phase to connect the University of Michigan to Wayne County Airport and Downtown Detroit began. This project will include a light rail and main station in Inkster City drawing more families and development to the city. Property values are sure to rise quickly in Inkster.

REMODEL REMARKS:

COMPLETELY REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
• FURNACE
• HOT WATER HEATER
• KITCHEN CABINETS, SINK AND COUNTER TOP
• TILE KITCHEN FLOORING
• CARPET THROUGHOUT
• BATHROOM VANITY, MIRROR, AND TOILET
• TILE BATHROOM FLOORING AND SHOWER SURROUND
• PLUMBING AND PLUMBING FIXTURES
• ELECTRICAL PANEL AND ELECTRICAL FIXTURES
• LIGHTING THROUGHOUT
• DOORS AND HARDWARE
• VINYL WINDOWS AND BLINDS
• INTERIOR TWO-TONE PAINT

FULL BASEMENT WITH GLASS BLOCK WINDOWS

CASH FLOW ANALYSIS

850.00 Monthly Rent

$10,200.00 Gross Rents
-$1,020.00 ((10%)) Property Management Fee
-$1,604.00 Taxes
-$ 0.00 Utilities
-$510.00 Minus Vacancy (5%)
-$1,020.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$306.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,240.00 Net Rents divided by

$58,200.00 Purchase Price equals

9.00% ROI

FOR MORE PROPERTIES PLEASE VISIT:   WWW.PARTNERSINVESTING.COM   FINALLY A HANDS FREE WAY TO OWN RENTAL PROPERTIES!