ATTENTION INVESTORS ON A SMALL BUDGET !!

ONLY £9,411 !!!!!!    with a 45% NET Rental Return

A 2 BEDROOM TENANTED PROPERTY IN WARREN, MICHIGAN

This is an EXCEPTIONAL price

SECURED PRICE OF PROPERTY: $9,000 / €7,377 / £6,206

TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $13,650 / €11,188 / £9,411

• Exceptional Low Cost Investment Opportunity ONLY £9,411
• Providing a 45% Net Rental Return
• Already Rented to Tenants on a Yearly Lease
• Income From Day 1
• Detached 2 bedroom Property with Garage
• Superb Location and Neighbourhood

The property comprises of 2 bedrooms, lounge, eat-in kitchen, bathroom, detached garage and diveway for the parking of several cars.  The property measures 800 sq ft of build area and is on a good sized plot measuring 4,280 sq ft. The property is situated in Warren on the suburbs of Detroit, in a middle class area of owner occupant and rental homes.

The house is rented out to long term tenants on a yearly renewable lease for $560 a month. This equates to a massive 45% net rental return per year!!

GROSS MONTHLY RENTAL INCOME: $560 / €459 / £386

Monthly Expenses include:

Property Tax of $166 / €136 / £114

Property Management Fee of $56 / €46 / £39

Tenant pays water, electric and gas

THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $338 / €277 / £233

NET INCOME PER ANNUM OF: $4,056 / €3,324 / £2,796

We bring to you the whole package:

1. Exceptionally Low Priced Investment Properties
2. High Yield Rental Income
3. 1st Class Property Management Company
4. Engineers Home Inspection Report
5. Title Company/Attorney Assigned
6. Complete Personal Service and Supervision of Your Purchase from Start to Finish
7. Insurance Available
8. Assistance with opening a US Bank Account

All prices are calculated at the following currency conversion rates:  $1.22=€1   $1.45=£1