**21341 Reimanville, FERNDALE MI * SOLD**

PROPERTY DESCRIPTION

An adorable bungalow in highly sought after Reimanville, completely revamped and tidy as a pin. With quaint curb appeal and nestled between other well cared for properties,this little sleeper delivers. Three generous bedrooms, vintage bath, shinyand bright hardwood floors and a brand new kitchen with ample cupboards. This little charmer has it all.

REHABILITATION

Completed in 2017 included upgrade of plumbing and electrical, new roof, new hot water tank and furnace. Refinished hardwood floors and new broadloom. Fresh paint throughout. Updated windows and new blinds help to insulate the home and give it an up-to-date feel. Decorator pallet.

1 YEAR ANALYSIS

Purchase Price: $6o,000
Gross Income: $10,800
Property Taxes: -$1,500
Insurance: -$480
Management: -$1,080
Vacancy: -5% ($540)
Repairs/Maint.: -5% ($540)
NET ROI: 11.10%