4 bed home tenanted at $850 per month with Section 8! Over 12% NET return!
Ref: US168
Selling Price: 40 900 USD
Price: £ 26 710 / 39 496 AUD
Area: Detroit
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Property size: 838 sq.ft.
Plot size: 3963 ft.
Bedrooms: 4
Send enquiry  Description property in usaFour bedroom home with Section 8 tenants at $850 per month!
Already refurnished and rented, this neat property will be able to provide you with positive cash flow from day one! It’s a “turn-key” investment requiring little input from the investor... full rental management included, no hassle, hands off property investment. There’s no better place to buy great value investment property at the moment than America.
The property is currently let to Section 8 tenants who have been in the property since February 1st 2010. The lease expires after one year and is for $850 per month. Section 8 pays $716 per month and the tenant is responsible for the rest.
Property Specifications:
- 4 bedrooms
- 1.5 baths
- Living room
- Dining room
- Kitchen
- Full size partially converted basement
- Hardwood floors in living and dining rooms
- House size: 838sq.ft
- Lot size: 3963sq.ft
- Year built: 1952
Buying process:
1. Reserve with $2000 and pay Notary fee of $800 (payment can be made via a credit card or a bank transfer).
2. Preliminary Contract sent to you to sign and return within 48 hours.
3. Pay $33,900 to Company Client Account within 2 weeks.
4. Pay $5,000 installment upon completion (approx 4 weeks from reservation)
Download the Income and Expenses for this Property Property in usa, More pictures
Back | 
Basement pic 1 | 
Basement pic 2 | 
Bathroom | 
Dining room | 
Front pic 1 | 
Front pic 2 | 
Front pic 3 | 
Half bath | 
Kitchen | 
Living room | 
Map 1 | 
Map 2 |
Send enquiry | 
01/30/2011