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186-9 Mile Rd NE, Comstock Park, MI 49321

Property Details for 186-9 Mile Rd NE, Comstock Park, MI 49321

Property Detail Name Property Detail Value
Address 186-9 Mile Rd NE, Comstock Park, MI 49321
Property Type Single Family
Price $685,000
Price Change -$37,000
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 5
Bathrooms 3.0
Living Area 3,000.0
Lot Area 2.93
Lot Area Unit ACRES
Year Built N/A

Financial Summary for 186-9 Mile Rd NE, Comstock Park, MI 49321

Financial Metric Name Financial Metric Value
Cash on Cash Return -6.4%
Total ROI 1.6%
Monthly Rent $3,897
Net Operating Income $3,669
Cap Rate 6.4%
Monthly Cash Flow -$726
Gross Rent Multiplier 14.6
Debt Service Coverage Ratio 1.1
Principal and Interest $3,421
Tax $974
HOA Fees $0
Insurance $228
Total Payment $4,623
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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