Why Detroit M.S.A.?
- The Detroit Metropolitan Statistical Area has been coined the Motor City for years and has recently experienced economic conditions that have garnered local, national, and international attention. Ultimately these circumstances have led the city into declaring the largest municipal bankruptcy in U.S. history. These conditions have positioned the Detroit area for extraordinary economic development and residential growth.
- Detroit city proper has 350,000 single family residences. Of those 49% or 175,000 are tenant occupied. The average rent is $750/mo. 175,000 x $750 = $131,250,000/mo. rental income with the potential of $1.6 Billion being collected per year.
- Investors from Canada to Australia realize this gem and are investing billions of dollars in metro Detroit. Cash Flow Detroit recognizes this grand opportunity for investors to acquire property and position themselves to reap exceptional returns upwards of 7% net yearly.
Our Turnkey Services
Acquisitions/Disposition - CFD has relationships and resources that allows us access to listed and unlisted property. Our Investment Advisers consult with you to see what your goals are and how we can best help you achieve them.
Rehab/Maintenance - CFD will secure vacant property to reduce risk of theft and or vandalism. We will provide an accurate estimate that covers the scope of work needed to get the home “rent ready.” If the home is occupied we evaluate repair needed to determine whether it is normal wear and tear or if due to tenant neglect.
Property Management - Leasing to the right tenant is just as important as locating the right property. CFD usually has approved tenants waiting on available properties. In instances where that is not the case, we will utilize our years of experience to list, market, and procure a ready, willing, and most importantly qualified tenant to rent your unit. CFD also provides professional management services to guide the investment to the maximum yield.