Saturday, November 15, 2008

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


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