Our expenses for housing without utilities are as follows:
Monthly association fees for condo. $225.00
Monthly condo insurance + umbrella liability $ 78.00
Property taxes (exempt due to VA Disability). $ 0.00
No mortgage...
Michigan assesses real property at 50% of true cash (appraised) value.
House is assessed at 108k with annual taxes about $2,800.
2.6% on assessed value or 1.4% of true cash value