15 Dragonfly Lane,Kennebunk,ME,04043

Investment Highlights

Rental property for sale in Kennebunk at 15 Dragonfly Lane, Kennebunk, ME, 04043 priced at $899,900 pairs $7,723/mo rent with $2,043/mo cash flow after a $4,405/mo payment. Total monthly income equals $7,723/mo, and annual cash flow comes to $24,518/yr on $296,067 invested. Return on cash invested is 28.34% in year one, and rental yield stands at 10.3% on a $899,900 basis. Equity gained on principal adds $5,807/yr, and 5% annual appreciation accumulates to $248,626 by year five. Five-year ROI measures 148.2% and total cumulative return in cash reaches $438,760. For financing, Ziffy Mortgage’s DSCR program evaluates $7,723/mo property income against a $4,405/mo payment instead of your W2s, 1099s, or Tax returns.