Exclusive Investment Opportunity

Availability: Off-Market Listing

Type: Single Family Residential

7522 Forrer – Detroit, MI

Profile: 7522 Forrer – This fully rehabbed brick bungalow is located on the north west side of the city.
The house sits just west of Detroit’s border with the high end suburb of Dearborn. The home has been
fully rehabbed including all mechanical systems and is currently rented to a long term tenant. At under
$60,000 this is an amazing value – very few performing properties in good neighborhoods are selling at
this price. Located near good schools and tons of shopping options in neighboring Dearborn. Many large
employers including Ford Motor company, Beaumont Health Systems, and Carhartt are located just
minutes away. The prospect of capital appreciation is also great, as the prices in adjacent neighborhoods
like Copper Canyon continue to rise.

Financial Snapshot Quick Stats: Rented for $750/month, near

Rent: $750 Price: $58,000 suburb of Dearborn.
Taxes: $1,080 Bedrooms: 3 Fully rehabbed, newer
Management: $900 Bathrooms: 1 mechanical systems.
Insurance: $500 Square Feet: 1064 Extremely high demand rental
Net Cash Flow: $6,520 Build: Brick area.
Net ROI: 11.2%