| Property Detail Name | Property Detail Value |
|---|---|
| Address | 2941 Coit Ave NE, Grand Rapids, MI 49505 |
| Property Type | Single Family |
| Price | $314,999 |
| Price Change | $0 |
| Tax Assessed Value | $219,600 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Living Area | 1,176.0 |
| Lot Area | 3484.8 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 0.6% |
| Total ROI | 8.9% |
| Monthly Rent | $2,210 |
| Net Operating Income | $2,105 |
| Cap Rate | 8.0% |
| Monthly Cash Flow | $32 |
| Gross Rent Multiplier | 11.9 |
| Debt Service Coverage Ratio | 1.3 |
| Principal and Interest | $1,591 |
| Tax | $482 |
| HOA Fees | $0 |
| Insurance | $105 |
| Total Payment | $2,178 |