| Property Detail Name | Property Detail Value |
|---|---|
| Address | 627 Watkins St SE, Grand Rapids, MI 49507 |
| Property Type | Single Family |
| Price | $250,000 |
| Price Change | $0 |
| Tax Assessed Value | $105,800 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3 |
| Bathrooms | 2.0 |
| Living Area | 840.0 |
| Lot Area | 3484.8 |
| Lot Area Unit | SQFT |
| Year Built | N/A |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -2.7% |
| Total ROI | 5.6% |
| Monthly Rent | $1,617 |
| Net Operating Income | $1,534 |
| Cap Rate | 7.4% |
| Monthly Cash Flow | -$111 |
| Gross Rent Multiplier | 12.9 |
| Debt Service Coverage Ratio | 1.2 |
| Principal and Interest | $1,263 |
| Tax | $382 |
| HOA Fees | $0 |
| Insurance | $83 |
| Total Payment | $1,728 |