| Property Detail Name | Property Detail Value |
|---|---|
| Address | 3846 Kate Ave SE, Grand Rapids, MI 49506 |
| Property Type | Single Family |
| Price | $465,000 |
| Price Change | -$14,900 |
| Tax Assessed Value | $307,600 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 3.0 |
| Living Area | 2,108.0 |
| Lot Area | 9583.2 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -4.7% |
| Total ROI | 3.3% |
| Monthly Rent | $2,954 |
| Net Operating Income | $2,799 |
| Cap Rate | 7.2% |
| Monthly Cash Flow | -$365 |
| Gross Rent Multiplier | 13.1 |
| Debt Service Coverage Ratio | 1.2 |
| Principal and Interest | $2,322 |
| Tax | $842 |
| HOA Fees | $0 |
| Insurance | $155 |
| Total Payment | $3,319 |