| Property Detail Name | Property Detail Value |
|---|---|
| Address | 559 Shawmut Blvd NW, Grand Rapids, MI 49504 |
| Property Type | Single Family |
| Price | $315,000 |
| Price Change | $0 |
| Tax Assessed Value | $313,600 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Living Area | 1,877.0 |
| Lot Area | 9147.6 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 2.2% |
| Total ROI | 10.5% |
| Monthly Rent | $2,293 |
| Net Operating Income | $2,188 |
| Cap Rate | 8.3% |
| Monthly Cash Flow | $115 |
| Gross Rent Multiplier | 11.4 |
| Debt Service Coverage Ratio | 1.4 |
| Principal and Interest | $1,591 |
| Tax | $482 |
| HOA Fees | $0 |
| Insurance | $105 |
| Total Payment | $2,178 |