BARGAIN PROPERTIES

Bargain Properties

The properties examples below are actual investment properties that we currently have in our company possession and they are currently being rented in Detroit to tenants that are occupying the homes.

Property Example 1 – 3 Bedroom Ranch Style Home with a Basement

Bungalow Style Homes are properties that are within the Detroit area where 2 bedrooms are on the main floor and 1 bedroom is on the second level floor. Bungalow Style home are one of the most popular homes that potential tenants love to rent.

  • Sale Price
  • $32,000 USD
    (50% Financing is Available)
  • Monthly Rent
  • $800 USD
  • Annual Rent Income
  • $9,600 USD
  • Annual Taxes
  • $2,500 USD
    • Annual Insurance
    • $750 USD
    • Property Management Fee
    • $960 USD
      (10% of the rent amount)
    • Net Monthly Rental Income
    • $448.50 USD
    • Net Annual Rental Income
    • $5,382 USD
    • Projected net Annual Return
    • 16.82%
Property 2 – 3 Bedroom Bungalow Home with a Basement

Bungalow Style Homes are properties that are within the Detroit area where 2 bedrooms are on the main floor and 1 bedroom is on the second level floor. Bungalow Style home are one of the most popular homes that potential tenants love to rent.

  • Sale Price
  • $33,000 USD
    (50% Financing is Available)
  • Monthly Rent
  • $850 USD
  • Annual Rent Income
  • $10,200 USD
  • Annual Taxes
  • $2,700 USD
  • Annual Insurance
  • $750 USD
  • Property Management Fee
  • $1020 USD
    (10% of the rent amount)
  • Net Annual Rental Income
  • $5730 USD
  • Net Monthly Rental Income
  • $ 477.50 USD
  • Projected net Annual Return
  • 17.36%
Property 3- 3 Bedroom Bungalow Home with a Basement

Bungalow Style Homes are properties that are within the Detroit area where 2 bedrooms are on the main floor and 1 bedroom is on the second level floor. Bungalow Style home are one of the most popular homes that potential tenants love to rent.

  • Sale Price
  • $33,000 USD
    (50% Financing is Available)
  • Monthly Rent
  • $820 USD
  • Annual Rent Income
  • $9,840 USD
  • Annual Taxes
  • $2,500 USD
  • Annual Insurance
  • $750 USD
  • Property Management Fee
  • $984 USD
    (10% of the rent amount)
  • Net Annual Rental Income
  • $5598 USD
  • Net Monthly Rental Income
  • $ 466.50 USD
  • Projected net Annual Return
  • 18.66%
Property 4- 3 Bedroom Bungalow Home with a Basement

Bungalow Style Homes are properties that are within the Detroit area where 2 bedrooms are on the main floor and 1 bedroom is on the second level floor. Bungalow Style home are one of the most popular homes that potential tenants love to rent.

  • Sale Price
  • $32,000 USD
  • Monthly Rent
  • $800 USD
  • Annual Rent Income
  • $9,600 USD
  • Annual Taxes
  • $2,808 USD
  • Annual Insurance
  • $695 USD
  • Property Management Fee
  • $960 USD
    (10% of the rent amount)
  • Net Annual Rental Income
  • $5137 USD
  • Net Monthly Rental Income
  • $428.08 USD
  • Projected net Annual Return
  • 16.05%