Saturday, November 15, 2008

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




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