119 Curtis Street,Pittsfield,ME,04967

Investment Highlights

Rental property for sale in Pittsfield at 119 Curtis Street, Pittsfield, ME, 04967 priced at $348,400 pairs $2,820/mo rent with $621/mo cash flow after a $1,705/mo payment. Total monthly income equals $2,820/mo, and annual cash flow comes to $7,457/yr on $115,495 invested. Return on cash invested is 26.37% in year one, and rental yield stands at 9.71% on a $348,400 basis. Equity gained on principal adds $2,248/yr, and 5% annual appreciation accumulates to $96,257 by year five. Five-year ROI measures 137.65% and total cumulative return in cash reaches $158,980. For financing, Ziffy Mortgage’s DSCR program evaluates $2,820/mo property income against a $1,705/mo payment instead of your W2s, 1099s, or Tax returns.