High Return Detroit Property Investments |
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SummaryWould You Like To Own A Property Investment Yielding Over 15% A Year With At Least 30% Equity?
In conjunction with our partners, Complete Property Investment are now able to offer exclusive 3 bed detached brick houses in Detroit, Michigan from just $45,000 backed by a management team with over 70 years of combined experience. That's circa 40% below open market value. These properties are supplied to investors fully refurbished to stringent US government standards, with a tenant in place and an annual net rental yield in excess of 15%. Better still, in most cases 70%-100% of your monthly rental cheque is backed by the US Federal Government.
Our partners have a support team based in the UK for all of your queries, and a team of hugely experienced professionals to manage all of your needs: legal, accountancy, property management, rent collection and resale. How have we done this?Our partners have secured exclusive access to a large number of bank-owned foreclosure properties (repossessed properties) in the Detroit area All of these are 3 or 4 bedroom single-occupancy houses in well-established working class neighbourhoods in the City. They 'recycle' these usually uninhabitable houses, into refurbished, clean, safe homes that provide both a great investment and much-needed good quality affordable housing for the 8,500 families on the Government waiting list for a property. It's a fantastic scheme that enormous benefits to:
Why Invest?Why Invest?
How does it work?How does it work?The principle is simple. We have secured exclusive access to bank-owned foreclosure properties (repossessed properties). All of these are 3 or 4 bedroom brick-built detached houses in well-established working class neighbourhoods in Detroit. We 'recycle' these houses into refurbished, clean safe homes. We give you the opportunity to buy the house at approximately 40% below the independently appraised market value and benefit from government backed rental income. The newly refurbished properties are then inspected by the Department of Housing and Urban Development (HUD). The property is guaranteed by our refurbishment team to pass the strict inspection. HUD will then place a working tenant from the Section 8 program in the property. Depending on the tenant, between 70% and 100% of the tenants monthly rent is then paid on behalf of the tenant by HUD every month. Our hugely experienced management agent collects the balance from the tenant monthly and ensures that any ongoing maintenance issues are resolved. For total peace of mind we offer a 2 year guarantee of zero maintenance costs and 5 years home warranty insurance. To realise your capital gain, you can sell the property, tenanted, to another investor, offer your tenant the opportunity to buy from you or refinance to release equity. We will help you sell your property if you wish. PricingA Few Example Properties
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ROIReturn on Investment
Please note that although every effort has been made to ensure the accuracy of these figures, they are provided purely as an illustration for your convenience. They are subject to change without notice and do not constitute any warranty or guarantee of performance. Annual Deductions in year 1 include 10% Management fee and estimated Property Tax and Insurance. There will be variations in final yields as determined by actual rental, property tax, insurance levels. There can be additional expenses depending on your circumstances such as CPA costs for example Current PropertiesPlease contact us for details of our latest properties. |
