| Property Detail Name | Property Detail Value |
|---|---|
| Address | 1657 Loralee St SE, Grand Rapids, MI 49508 |
| Property Type | Single Family |
| Price | $345,000 |
| Price Change | $0 |
| Tax Assessed Value | $270,200 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Living Area | 1,568.0 |
| Lot Area | 9583.2 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -2.1% |
| Total ROI | 6.2% |
| Monthly Rent | $2,359 |
| Net Operating Income | $2,244 |
| Cap Rate | 7.8% |
| Monthly Cash Flow | -$122 |
| Gross Rent Multiplier | 12.2 |
| Debt Service Coverage Ratio | 1.3 |
| Principal and Interest | $1,743 |
| Tax | $623 |
| HOA Fees | $0 |
| Insurance | $115 |
| Total Payment | $2,481 |