3 bed house in Detroit for only $71,900

RENTED TO A SECTION 8 TENANT
3 BEDROOMS
1 BATHROOM
864 SQ FT
PRICED AT ONLY $71,900
TENANTED AT £1,000 PER MONTH (SECTION 8)
PROPERTY TAXES PER YEAR $2,252
INSURANCE PER YEAR $900
PROPERTY MANAGEMENT PER YEAR $1,200.
10.6% RENTAL YIELD
7 MINUTES TO HENRY FORD MUSEUM
14 MINUTES TO MOTOWN MUSEUM
14 MINUTES TO WAYNE STATE UNIVERSITY
14 MINUTES TO DETROIT INSTITUTE OF ARTS
15 MINUTES TO UNIVERSITY OF DETROIT MERCY
15 MINUTES TO MICHIGAN CENTRAL STATION
15 MINUTES TO DETROIT METROPOLITAN AIRPORT
17 MINUTES TO FORD FIELD (HOME OF THE DETROIT LIONS)
24 MINUTES TO TWELVE OAKS MALL
39 MINUTES TO GREAT LAKES CROSSING OUTLETS