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Phone: 3035209143

Email: info@ukholdingsglobal.com

Property id(7311) is Reserved

Property id(7311) is Sold

Email: info@ukholdingsglobal.com

3035209143

1307 Magnolia Dr, Inkster, michigan 48141Download Brochure

Short Remarks

3 BED, 1 BATH HOME IN INKSTER MI

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
FURNACE
WATER HEATER
CARPET THROUGHOUT
VINYL WINDOWS
VINYL SIDING
GUTTER SYSTEM
KITCHEN CABINETS, COUNTER TOPS, AND SINK
TILE KITCHEN FLOORING
BATHROOM VANITY, MIRROR, TOILET, AND TUB
TILE BATHROOM FLOORING AND SHOWER SURROUND
INTERIOR AND EXTERIOR LIGHTING
INTERIOR AND EXTERIOR DOORS AND HARDWARE
VINYL BLINDS
INTERIOR TWO-TONE PAINT
PLUMBING AND PLUMBING FIXTURES
ELECTRICAL PANEL AND ELECTRICAL FIXTURES

FULL BASEMENT WITH GLASS BLOCK WINDOWS

EXCELLENT MANAGEMENT IN PLACE


Full Remarks

***The Detroit suburb of Inkster is located directly west of Detroit.  Comprised of mostly 2 and 3 bedroom homes Inkster is undergoing a transformation of youth.  Young families are finding affordability with ease of access to downtown Detroit, Ford Manufacturing Facility and Detroit Wayne Metro Airport with a quiet suburban lifestyle.   In 2016 the planning phase to connect the University of Michigan to Wayne County Airport and Downtown Detroit began.  This project will include a light rail and main station in Inkster City drawing more families and development to the city.  Property values are sure to rise quickly in Inkster.  

  • Purchase price :

    $69,700
BUY NOW
  • Property Details

  • Bedrooms:

    3
  • Baths:

    1
  • Sq FT:

    962
  • YEAR Built:

    1951
  • TYPE:

    Single Family
  • LOT SIZE:

    6,534
  • Cash Flow analysis

  • MONTHLY RENT PMT :

    $850
  • ANNUAL RENT :

    $10,200
  • Estimated* Hazard Insurance:

    $500
  • Estimated* Property Taxes:

    $1,249
  • Property Management Exp:

    $1,020
  • Annual Utilities Exp:

    $0

Estimated* Net Income:

$7,431

* These estimates are based on current information and projections and are not a guarantee of future income. All investments have risk. Additional or increased expenses and vacancies could effect your actual realized return on your real estate investment property.

Comps

Property Address Purchase Price Date Sold Type of Deal # of Beds # of Baths
29042 Oakwood, Inkster MI $74,900 11/7/17 Single Family 3 1
4106 Moore, Inkster MI $73,200 12/14/17 Single Family 3 1
1343 Magnolia, Inkster MI $71,830 1/16/18 Single Family 3 1