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7097 Placid Pointe Ct SE, Caledonia, MI 49316

Property Details for 7097 Placid Pointe Ct SE, Caledonia, MI 49316

Property Detail Name Property Detail Value
Address 7097 Placid Pointe Ct SE, Caledonia, MI 49316
Property Type Single Family
Price $700,000
Price Change $0
Tax Assessed Value $601,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 5
Bathrooms 4.0
Living Area 4,013.0
Lot Area 0.45999999999999996
Lot Area Unit ACRES
Year Built N/A

Financial Summary for 7097 Placid Pointe Ct SE, Caledonia, MI 49316

Financial Metric Name Financial Metric Value
Cash on Cash Return -9.0%
Total ROI -1.0%
Monthly Rent $3,473
Net Operating Income $3,222
Cap Rate 5.5%
Monthly Cash Flow -$1,045
Gross Rent Multiplier 16.8
Debt Service Coverage Ratio 0.9
Principal and Interest $3,496
Tax $771
HOA Fees $18
Insurance $233
Total Payment $4,518
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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