For Sale $85,000.00 - Residential, Single Family Home
I have a wholesale deal on a section 8 tenant occupied property in Roseville. This is a 3BD/1BA with a 2 car detached garage and basement. The property is currently rented to a section 8 tenant for $1,100/month.
This would make a great buy and hold property to add to your portfolio. Similar properties are valued at $99K. Property comes with a certificate of occupancy and property management set in place. This investment provides instant cash flow!
- 2 car detached garage
- Rented section 8: $1,100/month ($13,200/annual gross)
- Taxes: $119.50 ($1,434/annual gross)
- Insurance: $62.50 ($750/annual gross)
- Property Mgt: $110 ($1,320/annual gross)
- Net Monthly: $808/month ($9,696/annual)
- Marketing Price: $85K
- $9,696/$85,000 = 11.4%
Looking for a cash buyer that can CLOSE QUICK. Close with a Warranty deed. NO Land Contract or Seller financing available. Being sold as-is. This is an assignment. Call today for more details: (248) 660-0743 or email firstname.lastname@example.org
BUY REAL ESTATE INVESTMENT DETROIT
Quick Property Solutions is a wholesaling company that finds the best off-market deals in Detroit! We have connections with various sellers in the area and are consistently finding quality deals in the metro Detroit area. Call us today to discuss investment opportunities.