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1713 Boston St SE, Grand Rapids, MI 49506

Property Details for 1713 Boston St SE, Grand Rapids, MI 49506

Property Detail Name Property Detail Value
Address 1713 Boston St SE, Grand Rapids, MI 49506
Property Type Single Family
Price $349,900
Price Change $0
Tax Assessed Value $222,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 2.0
Living Area 1,287.0
Lot Area 6969.6
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 1713 Boston St SE, Grand Rapids, MI 49506

Financial Metric Name Financial Metric Value
Cash on Cash Return -3.2%
Total ROI 5.1%
Monthly Rent $2,334
Net Operating Income $2,217
Cap Rate 7.6%
Monthly Cash Flow -$184
Gross Rent Multiplier 12.5
Debt Service Coverage Ratio 1.3
Principal and Interest $1,767
Tax $634
HOA Fees $0
Insurance $117
Total Payment $2,518
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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