| Property Detail Name | Property Detail Value |
|---|---|
| Address | 197 Leonard St NW, Grand Rapids, MI 49534 |
| Property Type | Single Family |
| Price | $829,900 |
| Price Change | -$15,000 |
| Tax Assessed Value | $0 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 6 |
| Bathrooms | 5.0 |
| Living Area | 5,407.0 |
| Lot Area | 10.01 |
| Lot Area Unit | ACRES |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -3.2% |
| Total ROI | 4.8% |
| Monthly Rent | $5,058 |
| Net Operating Income | $4,781 |
| Cap Rate | 6.9% |
| Monthly Cash Flow | -$438 |
| Gross Rent Multiplier | 13.7 |
| Debt Service Coverage Ratio | 1.2 |
| Principal and Interest | $4,144 |
| Tax | $1,075 |
| HOA Fees | $0 |
| Insurance | $277 |
| Total Payment | $5,496 |