Detroit Latest Off-Market Deals

Investors,

Here are the latest property deals in Detroit;

1.

• 19376 Harlow Street
• Price: $24,000
• Section 8 tenant paying $866 per month
• Tenant has been there for 2 years
• 685 sq ft
• Lot size 4,530 sq ft
• 3 bedrooms
• 1 bathroom
• Built in 1942
• Yearly rent before expenses $10,392

2.

• 17618 W Chicago Street
• Price: $20,000
• Section 8 tenant ready
• Rehabbed
• 3 bedrooms
• 1 bathroom
• 730 sq ft
• Lot size of 4,008 sq ft
• Built in 1950

3.

• 11365 Whitehill
• 1,405 sq ft
• Lot size 4,879 sq ft
• Built in 1936
• 3 bedrooms
• 1.5 bathrooms
• Annual tax: $3,418
• Insurance $500 per year
• Management fee $65 per month
• Rent amount $650 per month
• ROI per year $3,427
• Yield 15%
• Sold for $105,000 in 2006
• Price $25,000

4.

• 12057 Forrer
• 850 sq ft
• Lot size 4356 sq ft
• Built in 1953
• 3 bedrooms
• 1 bathroom
• Annual taxes $2,450
• Insurance $500 per year
• Management fees $65 per month
• Rent amount $650
• ROI per yield $4,130
• Yield 19%
• Sold for $76,000 in 2004
• Price $22,000

5.

• 3451 Chatsworth
• 1,300 sq ft
• Lot size 6,534 sq ft
• Built in 1948
• 3 bedrooms
• 1 bathroom
• Annual tax $1,725
• Insurance $500 per year
• Management fee $70 per month
• Rent amount $700 per month
• ROI per year $5,335
• Yield 22%
• Sold for $110,000 in 2007
• Price $24,000

6.

• 19964 Packard
• 1,018 sq ft
• Lot size 4,661 sq ft
• Built in 1948
• 3 bedrooms
• 1 bathroom
• Annual taxes $2,551
• Insurance $500 per year
• Management fee $65 per month
• Rent amount $650 per month
• Yield 19%
• ROI per year $4,009
• Sold for $89,000 in 2005
• Price $21,500

Regards,

Tony Barnao

wholesalerealhomes@gmail.com