| Property Detail Name | Property Detail Value |
|---|---|
| Address | 2515 Eastern Ave SE, Grand Rapids, MI 49507 |
| Property Type | Single Family |
| Price | $365,000 |
| Price Change | $0 |
| Tax Assessed Value | $292,000 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Living Area | 1,340.0 |
| Lot Area | 5227.2 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -5.0% |
| Total ROI | 3.3% |
| Monthly Rent | $2,219 |
| Net Operating Income | $2,097 |
| Cap Rate | 6.9% |
| Monthly Cash Flow | -$305 |
| Gross Rent Multiplier | 13.7 |
| Debt Service Coverage Ratio | 1.1 |
| Principal and Interest | $1,844 |
| Tax | $558 |
| HOA Fees | $0 |
| Insurance | $122 |
| Total Payment | $2,524 |