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3421 Senora Ave SE, Grand Rapids, MI 49508

Property Details for 3421 Senora Ave SE, Grand Rapids, MI 49508

Property Detail Name Property Detail Value
Address 3421 Senora Ave SE, Grand Rapids, MI 49508
Property Type Single Family
Price $334,900
Price Change -$5,000
Tax Assessed Value $251,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 2.0
Living Area 1,846.0
Lot Area 0.27
Lot Area Unit ACRES
Year Built N/A

Financial Summary for 3421 Senora Ave SE, Grand Rapids, MI 49508

Financial Metric Name Financial Metric Value
Cash on Cash Return -3.0%
Total ROI 5.3%
Monthly Rent $2,238
Net Operating Income $2,126
Cap Rate 7.6%
Monthly Cash Flow -$170
Gross Rent Multiplier 12.5
Debt Service Coverage Ratio 1.3
Principal and Interest $1,692
Tax $604
HOA Fees $0
Insurance $112
Total Payment $2,408
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 2 months ago) — rate is stale
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