| Property Detail Name | Property Detail Value |
|---|---|
| Address | 1406 Covell Ave NW, Grand Rapids, MI 49504 |
| Property Type | Single Family |
| Price | $314,900 |
| Price Change | $0 |
| Tax Assessed Value | $201,200 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 1.0 |
| Living Area | 1,111.0 |
| Lot Area | 6969.6 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -5.8% |
| Total ROI | 2.6% |
| Monthly Rent | $1,875 |
| Net Operating Income | $1,770 |
| Cap Rate | 6.7% |
| Monthly Cash Flow | -$302 |
| Gross Rent Multiplier | 14.0 |
| Debt Service Coverage Ratio | 1.1 |
| Principal and Interest | $1,591 |
| Tax | $481 |
| HOA Fees | $0 |
| Insurance | $105 |
| Total Payment | $2,177 |