10015 Lakeside Dr,Perrinton,MI,48871

Investment Highlights

Investment property for sale in Perrinton at 10015 Lakeside Dr, Perrinton, MI, 48871 listed at $384,999 pairs $2,842/mo rent with a $1,884/mo payment to leave $304/mo cash flow. Total monthly income runs $2,842/mo, and annual cash flow reaches $3,642/yr on $127,627 cash to close. Return on cash invested measures 22.76% in year one, and rental yield registers 8.86% at a $384,999 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 118.68% and total cumulative return in cash totals $151,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,842/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).