| Property Detail Name | Property Detail Value |
|---|---|
| Address | 614 Fairview Ave NE, Grand Rapids, MI 49503 |
| Property Type | Single Family |
| Price | $785,000 |
| Price Change | $0 |
| Tax Assessed Value | $473,800 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 6 |
| Bathrooms | 4.0 |
| Living Area | 2,747.0 |
| Lot Area | 9147.6 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -19.4% |
| Total ROI | -11.4% |
| Monthly Rent | $2,845 |
| Net Operating Income | $2,583 |
| Cap Rate | 3.9% |
| Monthly Cash Flow | -$2,537 |
| Gross Rent Multiplier | 23.0 |
| Debt Service Coverage Ratio | 0.7 |
| Principal and Interest | $3,920 |
| Tax | $1,200 |
| HOA Fees | $0 |
| Insurance | $262 |
| Total Payment | $5,382 |