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3131 Copley Dr SW, Wyoming, MI 49509

Property Details for 3131 Copley Dr SW, Wyoming, MI 49509

Property Detail Name Property Detail Value
Address 3131 Copley Dr SW, Wyoming, MI 49509
Property Type Multi Family
Price $599,900
Price Change $0
Tax Assessed Value $351,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 8
Bathrooms 4.0
Living Area 3,008.0
Lot Area 0.3
Lot Area Unit ACRES
Year Built N/A

Financial Summary for 3131 Copley Dr SW, Wyoming, MI 49509

Financial Metric Name Financial Metric Value
Cash on Cash Return -28.0%
Total ROI -19.7%
Monthly Rent $1,520
Net Operating Income $1,320
Cap Rate 2.6%
Monthly Cash Flow -$2,804
Gross Rent Multiplier 32.9
Debt Service Coverage Ratio 0.4
Principal and Interest $3,030
Tax $1,094
HOA Fees $0
Insurance $200
Total Payment $4,324
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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