| Property Detail Name | Property Detail Value |
|---|---|
| Address | 2931 Porter Ct SW, Grandville, MI 49418 |
| Property Type | Condo |
| Price | $233,000 |
| Price Change | -$2,000 |
| Tax Assessed Value | $174,400 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 2 |
| Bathrooms | 2.0 |
| Living Area | 744.0 |
| Lot Area | 0 |
| Lot Area Unit | |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -11.6% |
| Total ROI | -2.0% |
| Monthly Rent | $1,543 |
| Net Operating Income | $1,200 |
| Cap Rate | 6.2% |
| Monthly Cash Flow | -$449 |
| Gross Rent Multiplier | 12.6 |
| Debt Service Coverage Ratio | 1.0 |
| Principal and Interest | $1,225 |
| Tax | $424 |
| HOA Fees | $265 |
| Insurance | $78 |
| Total Payment | $1,992 |