Property Information
Exclusive Offer - Invest in a detached 3 bedroom fully tenanted property in the best performing USA housing market where prices have gone up 10% in the last 12 months! With a further 20% expect by 2014 now is a great time to benefit from rising property prices and high rental yields of 17% pa.
We have sourced a superb selection of buy-to-let investment opportunities for our clients.
These recently refurbished, managed buy-to-let houses offer net yields of around 17% and are managed by one of Detroit's most respected management companies. All properties are located in Detroit, a prime investment area that offers massive capital growth prospects and high rental yields.
BMV USA Property – Fully tenanted with 50% financing
Invest from: £11,500 / $18,500
Location: Detroit, Michigan, USA
Property Type: Detached House
Number of Beds: 3
Receptions: 2
Basement: Fully functional
Garage: Yes
Listing Type: Ready property
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Investment Summary
Prices from: £16,900 / $27,000
A range of buy-to-let properties
Brick-built 3-bedroom detached houses
50% Non status financing
Fully managed and refurbished
Over 8000 families on waiting list to rent these types of properties
All housing is Government approved
Rent is backed by Government
High-level employers in the local area
Net yields of approx 19%
Key Features
50% Non status financing
Ready tenanted
Secure purchase process
Full title insurance
Freehold title
Free from debts and liens
50% Below build cost
19% net yield
All properties are Government approved
Rent is backed by Government
Fully managed
Fully refurbished
Desirable area
Close to Fortune 500 employers
Starting from £16,900 / $27,000
Typical Example:
3-bed, 1-bath Family Home
Purchase Price: £16,900 / $27,000
Fully tenanted and cash flowing from day one
Significantly below market value
Annual Rental Income: £5,250 / $8,400
Annual Net Income: £3,365 / $5,385
Total Net Yield: 19%
50% Finance Available on Buy-to-Let Properties in Detroit
Our Detroit financing package is non status and available to all investors when purchasing pre-tenanted, buy-to-let properties in Detroit. Repayable over a 5 year term, the mortgage is guaranteed and secured on the property. This is a cash flow positive property - rent will cover the monthly repayments.
Our properties are typically 50% below what the build cost would be to replace a similar property. Enquire now before this window of opportunity closes!
Exchange rate of 1.6 used for above calculation. These figures may fluctuate with the exchange rate - please check at time of enquiry.