1123 Mills St,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1123 Mills St, Kalamazoo, MI, 49001 priced at $112,000 pairs $1,502/mo rent with $764/mo cash flow after a $548/mo payment. Total monthly income equals $1,502/mo, and annual cash flow comes to $9,163/yr on $37,128 invested. Return on cash invested is 44.59% in year one, and rental yield stands at 16.09% on a $112,000 basis. Equity gained on principal adds $723/yr, and 5% annual appreciation accumulates to $30,944 by year five. Five-year ROI measures 235.79% and total cumulative return in cash reaches $87,543. For financing, Ziffy Mortgage’s DSCR program evaluates $1,502/mo property income against a $548/mo payment instead of your W2s, 1099s, or Tax returns.