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2463 Kinney Ave NW, Grand Rapids, MI 49534

Property Details for 2463 Kinney Ave NW, Grand Rapids, MI 49534

Property Detail Name Property Detail Value
Address 2463 Kinney Ave NW, Grand Rapids, MI 49534
Property Type Single Family
Price $369,900
Price Change $0
Tax Assessed Value $257,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 2.0
Living Area 1,673.0
Lot Area 0.9099999999999999
Lot Area Unit ACRES
Year Built N/A

Financial Summary for 2463 Kinney Ave NW, Grand Rapids, MI 49534

Financial Metric Name Financial Metric Value
Cash on Cash Return -7.1%
Total ROI 1.2%
Monthly Rent $2,035
Net Operating Income $1,912
Cap Rate 6.2%
Monthly Cash Flow -$435
Gross Rent Multiplier 15.1
Debt Service Coverage Ratio 1.0
Principal and Interest $1,868
Tax $479
HOA Fees $0
Insurance $123
Total Payment $2,470
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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