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Updated over 6 years ago,

User Stats

81
Posts
4
Votes
Henry Matthews
  • Detroit MI
4
Votes |
81
Posts

2 Bedroom Fixer - Easy Rehab

Henry Matthews
  • Detroit MI
Posted

Investors, here is a 2 bedroom 1 bath home with 1,252 sq ft. Nice quiet street with off street parking. This will make a killer rental for you with the kinds of returns that keep coming month after month!

This property has been rewired and is on circuit breakers. The gas line has been rerun & there are hardwoods under carpet. Deck overlooks large fenced backyard!

Biggest issue for you will be trimming up the yard.. it is a bit overgrown!

$600 Monthly Rent Projection

$7,200 Annual Income

$668 Annual Taxes

$6,532 - Net Income

38% ROI

This one is a no brainier for landlords! Call Henry at (248) 499-3691 or the office at (855) 571-8688 to see this one. It is vacant and ready to close.

__________

All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...please add any commissions on top of my price. What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $2,000 non-refundable deposit (cashiers check) at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of my contract with the seller to the buyer and are held at Reli Settlement Solutions in Birmingham.

Offering