3 bedroom house 103 m² Center Line, United States

United States, Center Line
Archive cost €77,898
Sold or out of date
Updated at: 22/04/2021

Location

Country: United States
State: Michigan
City: Center Line

Building parameters

Bedrooms: 3
Bathrooms: 1
Total area: 103 m²

Investment params

Yield per year: 10 %
Property Taxes: $ 91
Rental: $ 825
HOA: $ 0
Net income: $ 7,668
Gross Profitability: 11.93 %
Net Yield: 9.60 %

Description

CHOOSE TO INVEST IN DETROIT One of the most highly profitable and secure real estate investments in the United States. Invest in Detroit, one of our carefully selected properties for US investment located in the 10-minute availability areas of Downtown's fiscal quarter, already renovated and rented and thus generating revenue from day one. These are real estate and neighborhoods that have also learned changes in the type of tenants, since they have largely benefited from development programs and from the fact that most have already been retrained. This property is a lovely house for one family of 103.3 m2 (1.112 sq. ft) with 3 bedrooms and 1 bathroom, as well as a kitchen already equipped with a stove and fridge, and the first year of property management is provided free of charge. The house is sold at a price of $83,000. U.S., its tenants pay a monthly rent of $825 & nbsp;, giving an annual net income of 9.60% or $7.968. WHY YOU SHOULD INVEST IN DETROIT Detroit & nbsp; & nbsp; & ndash; & nbsp; & nbsp; is the main city in Michigan, with a population of 720,000 people and about 4.3 million residents in its metro area, of which 2.1 make up the labor force. It is the second largest economy in the Midwest, immediately after Chicago, 14th in the United States, and its GDP grows by an average of 1.5% per year, exceeding $260 billion in 2018. Everyone knows about the turbulent decades that the city has experienced, from the collapse of the US auto industry, which previously stimulated its growth, to the fact that it received the nickname & ldquo; Motown & rdquo;. Such a phase, dotted with corruption and inept governance, reached its peak in 2013, when the city defaulted, which was an exceptional event in American history. A few years ago, investments in Detroit real estate, despite the fact that they could provide a nominally attractive rate of return, did not meet our requirements for providing an investment support plan, or our real estate revaluation standards over time, or security regarding tenant profiles. However, since we were well aware of the great potential of this market, we continued to monitor its trends, carefully assess the situation and wait for safe and profitable opportunities. Detroit doesn't really look like other cities. In 2014 it left bankruptcy, and the city administration started the huge program переквалификации  & nbsp; & ndash; & nbsp; & nbsp; financed by both the government, and private players, & ndash; & nbsp; & nbsp; realized with drakony efficiency and severity. The city sought to diversify its economy by attracting large companies, mainly in the field of finance and services. So, for example, today it is the home for & nbsp; Deloitte, & nbsp; Quicken & nbsp; Loans & nbsp; and & nbsp; DTE & nbsp; Energy, and in total it has more than 30 companies from the & nbsp; Fortune500 list, such as & nbsp; General & nbsp, nbsp nbsp;FordMotor ksp; The diligent economic recovery seen in recent years has gone hand in hand with the restructuring of the city's architecture and real estate market: Detroit is now the first US city in LED street lighting and demonstrates the exponential growth of its parks and public greenhouses, for the benefit of its citizens. The local administration wanted the city to be not only safer and more modern, but also beautiful and liveable. In general, the city is changing and developing, returning to its traditional role as the economic and energetic center of the Midwest, and this wave of renewal and development has led us to offer highly profitable investments in local real estate selected in areas with better growth rates and prospects. We did this by taking into account all the elements that make real estate investments profitable: location, development of the zone, profile of its inhabitants, increase in demand, profitability and expected capital growth. If you are looking for a medium-term investment in high-yield real estate in the United States, the real estate investment we offer in Detroit is a strategic choice not only because of its high profitability and competitive price, but also because of our careful selection of areas in which the Detroit Renaissance & raquo; & ndash; this is already reality. Invest with us in Detroit We offer our investors the opportunity to purchase real estate with high and reliable income. These are already rented houses in those markets that show constant growth. We offer full support of investments: from reporting, tax and legal services, necessary for the opening and restructuring of the company, from domiciling to registered agent, from opening bank accounts to sending documents, from real estate management to a topographic scheme, virtual tour and aerial survey, from supervision of repairs to site inspection, from payment of condominium fees to real estate tax, from tenant search to rent collection, from consulting services to legal expertise and conformity determination, while keeping in mind the proper analysis of the net worth of assets.

Features

  • Yes
  • Oven
  • Air conditioner
  • Fridge
  • Stove
  • Private garden
  • Garden view
  • Private parking

Location

United States, Center Line