| Property Detail Name | Property Detail Value |
|---|---|
| Address | 904 60th St SE, Grand Rapids, MI 49508 |
| Property Type | Single Family |
| Price | $364,500 |
| Price Change | -$5,000 |
| Tax Assessed Value | $324,200 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 4 |
| Bathrooms | 2.0 |
| Living Area | 3,029.0 |
| Lot Area | 0.76 |
| Lot Area Unit | ACRES |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 2.3% |
| Total ROI | 10.6% |
| Monthly Rent | $2,759 |
| Net Operating Income | $2,637 |
| Cap Rate | 8.7% |
| Monthly Cash Flow | $138 |
| Gross Rent Multiplier | 11.0 |
| Debt Service Coverage Ratio | 1.4 |
| Principal and Interest | $1,841 |
| Tax | $658 |
| HOA Fees | $0 |
| Insurance | $122 |
| Total Payment | $2,621 |