| Property Detail Name | Property Detail Value |
|---|---|
| Address | 827 Geneva Ave SE, Grand Rapids, MI 49507 |
| Property Type | Multi Family |
| Price | $315,000 |
| Price Change | -$10,000 |
| Tax Assessed Value | $230,000 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 6 |
| Bathrooms | 2.0 |
| Living Area | 2,200.0 |
| Lot Area | 6534.0 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -13.0% |
| Total ROI | -4.2% |
| Monthly Rent | $1,521 |
| Net Operating Income | $1,416 |
| Cap Rate | 5.4% |
| Monthly Cash Flow | -$680 |
| Gross Rent Multiplier | 17.3 |
| Debt Service Coverage Ratio | 0.9 |
| Principal and Interest | $1,614 |
| Tax | $482 |
| HOA Fees | $0 |
| Insurance | $105 |
| Total Payment | $2,201 |