| Property Detail Name | Property Detail Value |
|---|---|
| Address | 834 Sherman St SE, Grand Rapids, MI 49506 |
| Property Type | Multi Family |
| Price | $525,000 |
| Price Change | $0 |
| Tax Assessed Value | $288,200 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 6 |
| Bathrooms | 4.0 |
| Living Area | 0 |
| Lot Area | 6969.6 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -26.2% |
| Total ROI | -17.9% |
| Monthly Rent | $1,482 |
| Net Operating Income | $1,307 |
| Cap Rate | 3.0% |
| Monthly Cash Flow | -$2,296 |
| Gross Rent Multiplier | 29.5 |
| Debt Service Coverage Ratio | 0.5 |
| Principal and Interest | $2,652 |
| Tax | $951 |
| HOA Fees | $0 |
| Insurance | $175 |
| Total Payment | $3,778 |