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2622 13th St Menominee, MI 49858
  • 2 Beds
  • 1 Baths
  • 846 Sq. Ft
  • Built In 1882
Active
$35,900
Zipcode Median
$697 /mo

Financial Performance

Gross Yield

23.30%

based on an annual rent of $8,364.00 divided by the offer price of $35,900.00.

Net Yield

14.97%

based on a yearly adjusted income of $8,364.00 minus the total annual expense of $2,988.82 divided by the offer price of $35,900.00.

Cash Flow

$5,375

based on a yearly adjusted income of $8,364.00 minus the total annual expense of $2,988.82 and yearly mortgage expense.

Home Details

STARTER OR RENTAL 2 bedroom, 1 bath home with new laminate flooring in the living room and bedrooms, new roof complete tear off in 2014, new copper plumbing, full poured basement, enclosed rear entry and a good size city lot. CONVENIENT LOCATION CLOSE TO SCHOOLS AND PARKS
Features

  • listed date Listed Date: January 20, 2017
  • year built Year built: 1882
  • square footage SqFt: 846
  • price per square foot Price/SqFt: $42
  • bedrooms Bed: 2
  • bathrooms Bath: 1
  • property type Type:   Single Family
  • county County: Menominee
  • Listing ID: 15-756
2622 13th St Menominee, MI 49858
  • 2 Beds
  • 1 Baths
  • 846 Sq. Ft
  • Built In 1882
Active
$35,900
Zipcode Median
$697 /mo

Gross Yield

23.30%

based on an annual rent of $8,364.00 divided by the offer price of $35,900.00.

Net Yield

14.97%

based on a yearly adjusted income of $8,364.00 minus the total annual expense of $2,988.82 divided by the offer price of $35,900.00.

Cash Flow

$5,375

based on a yearly adjusted income of $8,364.00 minus the total annual expense of $2,988.82 and yearly mortgage expense.

Home Details

STARTER OR RENTAL 2 bedroom, 1 bath home with new laminate flooring in the living room and bedrooms, new roof complete tear off in 2014, new copper plumbing, full poured basement, enclosed rear entry and a good size city lot. CONVENIENT LOCATION CLOSE TO SCHOOLS AND PARKS
Features

  • listed date Listed Date: January 20, 2017
  • property type Type:   Single Family
  • year built Year built: 1882
  • square footage SqFt: 846
  • price per square foot Price/SqFt: $42
  • bedrooms Bed: 2
  • bathrooms Bath: 1
  • county County: Menominee
  • Listing ID: 15-756

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