108 Lynn St,Reading,MI,49274

Investment Highlights

Rental property for sale in Reading at 108 Lynn St, Reading, MI, 49274 priced at $189,900 pairs $1,451/mo rent with $199/mo cash flow after a $929/mo payment. Total monthly income equals $1,451/mo, and annual cash flow comes to $2,390/yr on $62,952 invested. Return on cash invested is 23.71% in year one, and rental yield stands at 9.17% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 123.8% and total cumulative return in cash reaches $77,933. For financing, Ziffy Mortgage’s DSCR program evaluates $1,451/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.