35 Beyne St

Mount Clemens, MI 48043
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4 bd, 2 ba | 1,700 sqft | Built in 1940

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List Price
$175,000

$5K

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,500

Total Return

$111,588

Annualized Return

27.7%

Cap Rate

6.1%

Gross Yield

10.3%

Cash Flow

$477

Appreciation

10.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,405

HOA

None

Flood Risk

Not Required

Welcome to this adorable home nestled just a stone's throw away from downtown Mount Clemens! This charming 4-bedroom, 2-bathroom home boasts plenty of updates and modern conveniences. Step inside to discover a freshly painted interior with luxurious vinyl plank flooring in the living room which seamlessly flows into a delightful dining area, perfect for enjoying family meals. The updated kitchen features stainless steel appliances, a farmhouse sink, and tasteful countertops. The kitchen effortlessly transitions into a light-filled family room. On the main level, you'll find two bedrooms and a beautifully renovated bathroom, while upstairs, indulge in the ultimate self-care experience in the luxurious bathroom equipped with a large soaking tub. Outside, a large driveway provides convenient off-street parking, while the fenced-in yard offers privacy and security, perfect for pets or outdoor activities. Admire the newly mulched flower beds that add a pop of color to the landscaped grounds, creating a serene outdoor oasis.
This home has undergone extensive updates, including bathroom renovations with new fixtures and luxury vinyl plank flooring, kitchen upgrades with top-of-the-line appliances, and updated plumbing throughout the house. You'll also appreciate the water heater and whole house activated carbon water filter, ensuring clean and pure water for your family's needs.
With an updated electrical panel, HVAC serviced in 2023, and fresh neutral paint throughout, this home offers peace of mind and move-in readiness. Don't miss your chance to make this meticulously maintained residence your own schedule a showing today and experience the epitome of modern living in Mount Clemens!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$3,859

Property Taxes

-$3,250

Loan Payments

-$9,514

Net Cash Flow

$477

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24013810
Last Updated: 04/23/2024 15:04
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