4 Unit - 9702 Dundee St 48204

Price: $27,000 cash closing

Rehab Estimate: $30,000 to 35,000

Rental Estimated Income: $2,000 per month ($500 per unit)

Property Management in place/no tenants presently occupying the property

Expenses (approx):

Mgmt: $200

Taxes: $300

Payment/Interest

(on $60,000 mortgage from refinance): $450

Insurance: $150

Total estimated expenses: $1,100 / month

Cashflow after expenses: $900 / month

For more information:
Patricia A. Shabel
1st Thought Investments
www.1stthoughtinvestments.com
Professional Real Estate Investor/Consultant
c: 323-337-4062
f: 888-821-6548
P.O. Box 931313
Los Angeles, CA 90093-1313

18338 Ashton, Detroit, Michigan, Wayne, 48219

Single Family Home - 18338 Ashton, Detroit, Michigan, Wayne, 48219

Rented & Cashflowing Beautiful Home!
Own this rental with minimum investment!

Brick/Aluminum Bungalow
3 bedroom/1 bath
1 1/2 stories
Living area SF: 1200

Lot Size: 42 X 155

Year built 1946

Forced Air

Gas heat

Taxes $1,600

Rented $850.00

Purchase Price = $45,000

Assignment Fee = $10,000

All In Costs = $55,000

ARV = $115,000

EQUITY = $60,000

Rents for $850 per month
(tenant occupied currently)

Cash flow after expenses = $300/month

For more information:

Patricia A. Shabel
1st Thought Investments
www.1stthoughtinvestments.com
Professional Real Estate Investor/Consultant
c: 323-337-4062
f: 888-821-6548
P.O. Box 931313 Los Angeles, CA 90093-1313

18328 Ashton, Detroit, Michigan, Wayne, 48219

Single Family Home - 18328 Ashton, Detroit, Michigan, Wayne, 48219

Rented & Cashflowing with Lots of Equity!
Beautiful Neighborhood & Home!
Will go fast!!

Brick Bungalow

1 1/2 stories
3 bedroom/1 bath
Living area SF: 1200

Lot Size: 42 X 155

Year built 1945

Forced Air

Gas heat

Taxes $4,432

Rented $850.00

Purchase Price = $45,000

Assignment Fee = $10,000*

All In Costs = $55,000

ARV = $115,000

EQUITY = $60,000

Rents for $850 per month
(tenant occupied - rent can be raised $100 in 60 days)

Cash flow after expenses = $72/month
($172 after 60 days)

Please Call:

Patricia A. Shabel
1st Thought Investments
www.1stthoughtinvestments.com
Professional Real Estate Investor/Consultant
c: 323-337-4062
f: 888-821-6548
P.O. Box 931313
Los Angeles, CA 90093-1313

18304 Ashton , Detroit, Michigan, Wayne, 48219

Single Family Home - 18304 Ashton , Detroit, Michigan, Wayne, 48219

Rent Ready! Such a Deal!
Property Management Has Renters Waiting! Don't Wait!

Brick/Aluminum Bungalow

1 1/2 stories

3 bedroom/1 bath
Living area SF: 1137

Lot Size: 35 X 119

Year built 1946

Forced Air

Gas heat

Taxes approximately $2,267

Potential rent in area $850-$900/mth

Beautiful Middle Class, Tree-Lined Street Neighborhood

Purchase Price = $45,000

Assignment Fee = $10,000

Rehab Cost = $ 2,000 (will give seller's concession)

All In Costs = $55,000

Appraised ARV = $115,000

EQUITY = $53,000

Can rent for $850 - $950 per month

Cash flow after expenses = $250+/month

For inquiries, please call:

Patricia A. Shabel
1st Thought Investments
www.1stthoughtinvestments.com
Professional Real Estate Investor/Consultant
c: 323-337-4062
f: 888-821-6548
P.O. Box 931313
Los Angeles, CA 90093-1313

17191 Shaftbury, Detroit, Michigan, Wayne, 48219

Single Family Home - 17191 Shaftbury, Detroit, Michigan, Wayne, 48219

Beautiful Home In Beautiful Neighborhood!
Rented & Cashflowing!! Long Term Tenant!
Will go REALLY FAST! Don't Wait!

Brick Bungalow

3 bedrooms 1 bath

1 ½ stories

Already Rented

Turnkey Property

Positive Cashflow

Living area SF: 1146

Year built 1947

Forced Air

Gas heat

Taxes 2007 $2,111

Purchase Price = $45,000

Assignment Fee = $10,000

All In Costs = $55,000

Appraised ARV = $115,000

EQUITY = $60,000

Rents for $850 per month

Cash flow after expenses = $266/month

For more information please call:

Patricia A. Shabel
1st Thought Investments
www.1stthoughtinvestments.com
Professional Real Estate Investor/Consultant
c: 323-337-4062
f: 888-821-6548
P.O. Box 931313
Los Angeles, CA 90093-1313

7374 Piedmont St., Detroit (Warrendale), Michigan, Wayne, 48228

Single Family Home - 7374 Piedmont St., Detroit (Warrendale), Michigan, Wayne, 48228

Rented & Cashflowing!! Will not last!

Brick Bungalow – 2 Stories

3 bedrooms 1 bath

Living area SF: 928

Basement area SF: 910

Lot size: 5,200

Year built 1947

Fireplace

Forced air / Gas heat

Detached 2 car garage

lRented – Tenant Occupied to Long Time Good Tenant!
Property Management Company in place

Purchase Price = $39,000

Down Payment (20%) - $ 7,800

Loan Amount = $31,200

Appraised ARV = $90,000

Assignment Fee = $10,000

EQUITY = $58,800

Rents for $700 per month (can be raised $100 in 60 days)

Cash flow after expenses = $139/month ($239 in 60 days)

CASH ON CASH RETURN= 20% (35% in 60 days)

For more information:

Patricia A. Shabel
1st Thought Investments
www.1stthoughtinvestments.com
Professional Real Estate Investor/Consultant
c: 323-337-4062
f: 888-821-6548
P.O. Box 931313
Los Angeles, CA 90093-1313

3619-21 Nottingham, Detroit, Michigan, Wayne, 48224

Duplex - 3619-21 Nottingham, Detroit, Michigan, Wayne, 48224

Rent Ready Special!!

2 Family Flat (2 Units) consisting of 3 bedroom / 1 bath units that will cashflow $700/month each unit with a 45% Cash-on-Cash return!

2-story, brick, in a middle-class neighborhood, tree-lined street, 1/2 block from Grosse Pointe, which is one of the most affluent areas in the country.

Property is newly rehabbed with fabulous, high end upgrades and top quality workmanship with new electric, new plumbing, new paint, two new kitchens, new hardwood floors, new carpet in the bedrooms, and lots of beautiful finishing touches! Property management is in place to rent it out and has renters waiting! You may even receive the property WITH renters, if you'd like!

Hurry! It won't last!!


Purchase Price = $89,000
Down Payment (20%) = $17,800
Loan Amount = $71,200
Appraised ARV = $110,000
EQUITY = $38,800
Rents for $1,400 per month ($700/unit)

Cash flow after expenses = $500/month
CASH ON CASH RETURN = 35%

Patricia A. Shabel
1st Thought Investments
www.1stthoughtinvestments.com
Professional Real Estate Investor/Consultant
c: 323-337-4062
f: 888-821-6548
P.O. Box 931313
Los Angeles, CA 90093-1313