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1023 Kensington St NW #126, Grand Rapids, MI 49534

Property Details for 1023 Kensington St NW #126, Grand Rapids, MI 49534

Property Detail Name Property Detail Value
Address 1023 Kensington St NW #126, Grand Rapids, MI 49534
Property Type Condo
Price $475,000
Price Change $0
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 3.0
Living Area 2,331.0
Lot Area 0
Lot Area Unit
Year Built N/A

Financial Summary for 1023 Kensington St NW #126, Grand Rapids, MI 49534

Financial Metric Name Financial Metric Value
Cash on Cash Return -14.4%
Monthly Rent $2,245
Net Operating Income $1,672
Cap Rate 4.2%
Monthly Cash Flow -$1,137
Gross Rent Multiplier 17.6
Debt Service Coverage Ratio 0.7
Principal and Interest $2,414
Tax $395
HOA Fees $435
Insurance $138
Total Payment $3,382
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