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As promised here are the details of the new investment opportunity that we have selected for investors looking for high income returns. 

We believe that this low -risk, property based deal, takes perfect advantage of the current economic climate and provides the highest net rental yield currently available in any market. As the income is paid directly by the government too, you can be confident of your returns, regardless of your tenant’s personal circumstances.

Rental incomes have been as much as 15.0% per annum (after costs) and we conservatively anticipate 12.0% per annum in every case, with a longer term possibility of capital growth too.  This investment is available to UK residents, doesn’t require any borrowing, isn’t reliant on any off-plan property development, is not seasonal, does not rely on property prices having to increase in the future, and is in one of the most secure property markets in the World. 

With the best bank savings rate at 5.25% if you hold for 5 years*; volatile stock-market yields and Investment Fund managers winning awards for annual returns of 5.1%**. ‘The Detroit Rental Property’ opportunity stands out from the crowd.

We have videos available to view on-line, of the houses that our teams of experts have carefully selected. You are welcome to take a trip to visit prior to buying***. This opportunity also means that by investing in the renovation of housing, you are helping people at a time when they need it most.*** Self funded, with up to £800 repaid when you purchase, subject to receipts being providedInvestors are welcome from £28,000 per property, providing anticipated yields of £3,360 per annum after costs and a realistic doubling of the value of your initial investment after 5 years. This is how the figures stack up.

How do you rate these figures for buy to let rentals?

Typical Purchase & Refurbishment	$46,000
Appraised Current Market Value	$82,000
Instant Equity	$36,000
Gross Rental Income per month
(government backed)	$800
Gross Annual Income	$9,600
Gross Yield	21.81%
Annual Deductions	$3,460
(taxes and management fees)
Net Rental Per Annum	$6,140
Net Yield	13.95%

 

The economic situation in Detroit, Michigan coupled with the sub-prime lending crisis, has meant that many thousands of properties have been repossessed by the banks and other lenders. We are selecting 3 bedroom properties in specific suburban areas, some of which have sold within the past couple of years for $120,000 or more. As these properties are repossessed, we have them fully refurbished to exceed the requirements of the Department of Housing and Urban Development. At which point they are offered to you for sale for a total price of $48,000 (£29,950) including all closing costs.

Rental income is paid by the government at an average of $800 (£500) per month; this gives a gross yield of 20%. After government taxes and management costs this figure is still an impressive 13% - 15%.  

For more information please contact Christine Boyd on email christine.boyd@olive-tree.com  0191 3861517 / 07941239976

Article Courtesy of Christine Boyd  www.olive-tree.com