5640 Underwood Street

Description

5640 Underwood Street, Detroit in Michigan, U.S.A. is a single family home with 132m² of living space. Built in 1929, this charming, colonial style house is made up of 3 bedrooms, 1 bathroom, a partial basement/recreation room and a 2 car driveway.

Recently renovated, this property comes complete with a built-in fireplace in the living room, forced air central heating, hardwood floors and even a refrigerator, oven and washer in the kitchen.

About the area

Detroit is the largest city in the Midwestern state of Michigan. Near Downtown, the neoclassical Detroit Institute of Arts is famed for the Detroit Industry Murals painted by Diego Rivera, and inspired by the city’s ties to the auto industry, giving it the nickname "Motor City."

Detroit is also the birthplace of Motown Records, whose chart-topping history is on display at their original headquarters in Hitsville, U.S.A.

Investment Timeline

• Funding started
  25th Jan. 2019
• Funding complete
  5th April 2019
• Rental starts
  1st March 2019
• Returns start
  1st April 2019
• Year 1 returns
  1st April 2020
• Year 2 returns
  1st April 2021
• Year 3 returns
  1st April 2022
• Year 4 returns
  1st April 2023
• Property sold