| Property Detail Name | Property Detail Value |
|---|---|
| Address | 1696 Ball Ave NE, Grand Rapids, MI 49505 |
| Property Type | Single Family |
| Price | $449,900 |
| Price Change | $0 |
| Tax Assessed Value | $357,800 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 4 |
| Bathrooms | 2.0 |
| Living Area | 2,073.0 |
| Lot Area | 0.29 |
| Lot Area Unit | ACRES |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -4.3% |
| Total ROI | 3.7% |
| Monthly Rent | $2,764 |
| Net Operating Income | $2,614 |
| Cap Rate | 7.0% |
| Monthly Cash Flow | -$321 |
| Gross Rent Multiplier | 13.6 |
| Debt Service Coverage Ratio | 1.2 |
| Principal and Interest | $2,247 |
| Tax | $688 |
| HOA Fees | $0 |
| Insurance | $150 |
| Total Payment | $3,085 |