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Property for sale information

 
Detroit Houses from $5000  
Price: € 3,800
Mortgage & ROI calculators »
Type: House
Country: USA

MI


Reference nr: AH957291
Description:

I have a continuous supply for the next 18 months of property from Detroit. Unlike other USA properties you might be offered these are very good houses, you can buy as they are or we can refurbish the house & find a tenant, the cost of refurbishment never exceeds $5000, we aim to find a tenant to $650 per month for a 3 bedroom home. Cash purchase only, 20% to reserve & a buyers fee of £950. Completion in within the month.
Our refurbishment & lettings manager are Detroit based. The USA investment is still very popular & the number 1 investment choice for UK buyers in September 2008.
Contact me know with your full e-mail address.

Bedrooms: Bathrooms: Price (€):
3 2 3,800
Features:
City
Submission Date:
02-05-2009
Last Update:
02-14-2009
Advertiser Details:


Name:
Adam Harrison

Company:
Harrison Stone International

Phone:
0044 1798 342776
Fax:
0044 1798 344991
Mobile:

 
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Calculators

 
Property price: €3,800
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations