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Detroit, MI  -- 
Properties for Sale
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9340 Rutherford
This 3 bedroom 1.5 bath bungalow built in 1950 was completely rehabbed in February 2007.
We found a tenant who is renting the property for $750 per month.
We are now looking to offer
this property to any investor who is interested in receiving $3000 cash back at closing.
$750 of monthly income & positive monthly cash flow. The appraised value of the home is
$84,000; so we are offering it to the investor with $9000 INSTANT EQUITY!
It has an all new kitchen, new furnace, duct work & flue liner, new windows,
new divertor in bathroom & new fixtures, new front and rear doors, repaired,
primed and painted walls, repaired heating/cooling system, newly sanded & painted
wood floors, repaired fence, repaired brick, drylocked basement walls, and skim-coat
& tuck point porch/steps.
Investor Price: $78,000
Cash Back at Closing: $3,000
11% Discount!!!
Click here for additional photos
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2166 Oakman
This 4 bedroom 2 & 1/2 bath corner bungalow built in 1924 was completely rehabbed in July 2007.
We found a tenant who is renting the property for $1200 per month.
We are now looking to offer this property to any investor who is interested in receiving $3300 cash back
at closing. $1200 of monthly income & positive monthly cash flow. The appraised value of the home is $165,000;
so we are offering it to the investor with $18,150 INSTANT EQUITY!
This home has a detached garage in a fenced lot, hardwood floors & wood trim throughout, natural fireplace,
and semi finished basement. It has an all new kitchen, new flooring, new hot water tank, new furnace, duct work,
& chimney liner, new windows, new bathrooms, plumbing, & fixtures, new exterior and interior doors, and newly
repaired, primed, and painted walls.
Investor Price: $150,150
Cash Back at Closing: $3,300
Actual Price to Investor: $146,850
11% Discount!!!
Click here for additional photos
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4153 Woodhall
This 3 bedroom 1.5 bath bungalow built in 1923 was completely rehabbed in February 2007.
We found a tenant who is renting the property for $850 per month.
We are now looking to offer this property to any investor who is interested in receiving
$3000 cash back at closing. $850 of monthly income & positive monthly cash flow. The appraised
value of the home is $82,000; so we are offering it to the investor with $9000 INSTANT EQUITY!
It has an all new kitchen, new furnace, new windows, new doors & locks, new carpet, new light fixtures,
a newly repaired 2 car garage, newly repaired bathroom & kitchen drain traps, and newly repaired,
primed and painted walls.
Investor Price: $76,000
Cash Back at Closing: $3,000
Actual Price to Investor: $73,000
11% Discount!!!
Click here for additional photos
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