127 N Cedar Ln,Glenwood,IL,60425

Investment Highlights

Rental property for sale in Glenwood at 127 N Cedar Ln, Glenwood, IL, 60425 priced at $190,000 pairs $2,807/mo rent with $1,489/mo cash flow after a $930/mo payment. Total monthly income equals $2,807/mo, and annual cash flow comes to $17,869/yr on $62,985 invested. Return on cash invested is 48.28% in year one, and rental yield stands at 17.73% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 256.02% and total cumulative return in cash reaches $161,256. For financing, Ziffy Mortgage’s DSCR program evaluates $2,807/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.