| Property Detail Name | Property Detail Value |
|---|---|
| Address | 2140 Coit Ave NE, Grand Rapids, MI 49505 |
| Property Type | Single Family |
| Price | $399,999 |
| Price Change | $0 |
| Tax Assessed Value | $394,600 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Living Area | 1,400.0 |
| Lot Area | 6969.6 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -9.6% |
| Total ROI | -1.3% |
| Monthly Rent | $2,125 |
| Net Operating Income | $1,992 |
| Cap Rate | 6.0% |
| Monthly Cash Flow | -$640 |
| Gross Rent Multiplier | 15.7 |
| Debt Service Coverage Ratio | 1.0 |
| Principal and Interest | $2,021 |
| Tax | $611 |
| HOA Fees | $0 |
| Insurance | $133 |
| Total Payment | $2,765 |