| Property Detail Name | Property Detail Value |
|---|---|
| Address | 2657 Leffingwell Ave NE, Grand Rapids, MI 49525 |
| Property Type | Single Family |
| Price | $499,900 |
| Price Change | $900 |
| Tax Assessed Value | $346,000 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 3.0 |
| Living Area | 1,667.0 |
| Lot Area | 0.27999999999999997 |
| Lot Area Unit | ACRES |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -7.6% |
| Total ROI | 0.3% |
| Monthly Rent | $2,606 |
| Net Operating Income | $2,439 |
| Cap Rate | 5.9% |
| Monthly Cash Flow | -$636 |
| Gross Rent Multiplier | 16.0 |
| Debt Service Coverage Ratio | 1.0 |
| Principal and Interest | $2,496 |
| Tax | $579 |
| HOA Fees | $0 |
| Insurance | $167 |
| Total Payment | $3,242 |