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719 Leonard St NE, Grand Rapids, MI 49503

Property Details for 719 Leonard St NE, Grand Rapids, MI 49503

Property Detail Name Property Detail Value
Address 719 Leonard St NE, Grand Rapids, MI 49503
Property Type Single Family
Price $319,900
Price Change -$10,000
Tax Assessed Value $200,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4
Bathrooms 2.0
Living Area 1,677.0
Lot Area 5227.2
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 719 Leonard St NE, Grand Rapids, MI 49503

Financial Metric Name Financial Metric Value
Cash on Cash Return 2.2%
Total ROI 10.5%
Monthly Rent $2,327
Net Operating Income $2,220
Cap Rate 8.3%
Monthly Cash Flow $115
Gross Rent Multiplier 11.5
Debt Service Coverage Ratio 1.4
Principal and Interest $1,616
Tax $489
HOA Fees $0
Insurance $107
Total Payment $2,212
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 2 months ago) — rate is stale
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