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823 Webster St NW, Grand Rapids, MI 49504

Property Details for 823 Webster St NW, Grand Rapids, MI 49504

Property Detail Name Property Detail Value
Address 823 Webster St NW, Grand Rapids, MI 49504
Property Type Single Family
Price $295,000
Price Change -$10,000
Tax Assessed Value $203,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4
Bathrooms 2.0
Living Area 1,580.0
Lot Area 4356.0
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 823 Webster St NW, Grand Rapids, MI 49504

Financial Metric Name Financial Metric Value
Cash on Cash Return 10.1%
Total ROI 18.4%
Monthly Rent $2,534
Net Operating Income $2,436
Cap Rate 9.9%
Monthly Cash Flow $495
Gross Rent Multiplier 9.7
Debt Service Coverage Ratio 1.6
Principal and Interest $1,490
Tax $451
HOA Fees $0
Insurance $98
Total Payment $2,039
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 2 months ago) — rate is stale
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