| Property Detail Name | Property Detail Value |
|---|---|
| Address | 1810 Lafayette Ave SE, Grand Rapids, MI 49507 |
| Property Type | Multi Family |
| Price | $234,900 |
| Price Change | $0 |
| Tax Assessed Value | $155,400 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Living Area | 1,450.0 |
| Lot Area | 435.6 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 4.6% |
| Total ROI | 13.1% |
| Monthly Rent | $1,636 |
| Net Operating Income | $1,568 |
| Cap Rate | 8.0% |
| Monthly Cash Flow | $180 |
| Gross Rent Multiplier | 12.0 |
| Debt Service Coverage Ratio | 1.3 |
| Principal and Interest | $1,193 |
| Tax | $195 |
| HOA Fees | $0 |
| Insurance | $68 |
| Total Payment | $1,456 |