1004 Lane Blvd,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1004 Lane Blvd, Kalamazoo, MI, 49001 priced at $188,000 pairs $1,518/mo rent with $278/mo cash flow after a $920/mo payment. Total monthly income equals $1,518/mo, and annual cash flow comes to $3,341/yr on $62,322 invested. Return on cash invested is 25.27% in year one, and rental yield stands at 9.69% on a $188,000 basis. Equity gained on principal adds $1,213/yr, and 5% annual appreciation accumulates to $51,941 by year five. Five-year ROI measures 132.16% and total cumulative return in cash reaches $82,364. For financing, Ziffy Mortgage’s DSCR program evaluates $1,518/mo property income against a $920/mo payment instead of your W2s, 1099s, or Tax returns.