| Property Detail Name | Property Detail Value |
|---|---|
| Address | 1741 Godwin Ave SE, Grand Rapids, MI 49507 |
| Property Type | Single Family |
| Price | $270,000 |
| Price Change | -$10,000 |
| Tax Assessed Value | $221,600 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Living Area | 1,164.0 |
| Lot Area | 5227.2 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 1.5% |
| Total ROI | 9.8% |
| Monthly Rent | $1,934 |
| Net Operating Income | $1,844 |
| Cap Rate | 8.2% |
| Monthly Cash Flow | $67 |
| Gross Rent Multiplier | 11.6 |
| Debt Service Coverage Ratio | 1.4 |
| Principal and Interest | $1,364 |
| Tax | $413 |
| HOA Fees | $0 |
| Insurance | $90 |
| Total Payment | $1,867 |