Need Help? Call us at 1 (855) 239-3652

Call us: (855) 239-3652

12640 Us-2 Rapid River, MI 49878
  • 3 Beds
  • 1 Baths
  • 1,040 Sq. Ft
  • Built In 1955
Active
$19,900
Zipcode Median
$671 /mo

Financial Performance

Gross Yield

40.46%

based on an annual rent of $8,052.00 divided by the offer price of $19,900.00.

Net Yield

27.14%

based on a yearly adjusted income of $8,052.00 minus the total annual expense of $2,651.86 divided by the offer price of $19,900.00.

Cash Flow

$5,400

based on a yearly adjusted income of $8,052.00 minus the total annual expense of $2,651.86 and yearly mortgage expense.

Home Details

Single story home situated on 5.28 acres. With some elbow grease and TLC this affordable home could be yours. Spacious kitchen/dining room combination that offers French doors to the back yard.
Features

  • listed date Listed Date: January 20, 2017
  • year built Year built: 1955
  • square footage SqFt: 1,040
  • price per square foot Price/SqFt: $19
  • bedrooms Bed: 3
  • bathrooms Bath: 1
  • property type Type:   Single Family
  • county County: Delta
  • Listing ID: 16-1077
12640 Us-2 Rapid River, MI 49878
  • 3 Beds
  • 1 Baths
  • 1,040 Sq. Ft
  • Built In 1955
Active
$19,900
Zipcode Median
$671 /mo

Gross Yield

40.46%

based on an annual rent of $8,052.00 divided by the offer price of $19,900.00.

Net Yield

27.14%

based on a yearly adjusted income of $8,052.00 minus the total annual expense of $2,651.86 divided by the offer price of $19,900.00.

Cash Flow

$5,400

based on a yearly adjusted income of $8,052.00 minus the total annual expense of $2,651.86 and yearly mortgage expense.

Home Details

Single story home situated on 5.28 acres. With some elbow grease and TLC this affordable home could be yours. Spacious kitchen/dining room combination that offers French doors to the back yard.
Features

  • listed date Listed Date: January 20, 2017
  • property type Type:   Single Family
  • year built Year built: 1955
  • square footage SqFt: 1,040
  • price per square foot Price/SqFt: $19
  • bedrooms Bed: 3
  • bathrooms Bath: 1
  • county County: Delta
  • Listing ID: 16-1077

Learn about Investing