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775 Port Sheldon St, Grandville, MI 49418

Property Details for 775 Port Sheldon St, Grandville, MI 49418

Property Detail Name Property Detail Value
Address 775 Port Sheldon St, Grandville, MI 49418
Property Type Condo
Price $310,000
Price Change $0
Tax Assessed Value $107,400
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2
Bathrooms 2.0
Living Area 1,713.0
Lot Area 0
Lot Area Unit
Year Built N/A

Financial Summary for 775 Port Sheldon St, Grandville, MI 49418

Financial Metric Name Financial Metric Value
Cash on Cash Return -12.3%
Total ROI -3.6%
Monthly Rent $1,943
Net Operating Income $1,515
Cap Rate 5.9%
Monthly Cash Flow -$638
Gross Rent Multiplier 13.3
Debt Service Coverage Ratio 1.0
Principal and Interest $1,589
Tax $564
HOA Fees $325
Insurance $103
Total Payment $2,581
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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