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5755 Hemlock Dr SW #Sw, Grandville, MI 49418

Property Details for 5755 Hemlock Dr SW #Sw, Grandville, MI 49418

Property Detail Name Property Detail Value
Address 5755 Hemlock Dr SW #Sw, Grandville, MI 49418
Property Type Single Family
Price $399,990
Price Change -$3,000
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4
Bathrooms 3.0
Living Area 1,824.0
Lot Area 9583.2
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 5755 Hemlock Dr SW #Sw, Grandville, MI 49418

Financial Metric Name Financial Metric Value
Cash on Cash Return 3.3%
Total ROI 11.6%
Monthly Rent $3,106
Net Operating Income $2,966
Cap Rate 8.9%
Monthly Cash Flow $219
Gross Rent Multiplier 10.7
Debt Service Coverage Ratio 1.5
Principal and Interest $2,020
Tax $727
HOA Fees $7
Insurance $133
Total Payment $2,887
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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