1504 Washington Ave,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 1504 Washington Ave, Kalamazoo, MI, 49001 priced at $140,000 pairs $1,098/mo rent with $175/mo cash flow after a $685/mo payment. Total monthly income equals $1,098/mo, and annual cash flow comes to $2,100/yr on $46,410 invested. Return on cash invested is 24.43% in year one, and rental yield stands at 9.41% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 127.6% and total cumulative return in cash reaches $59,218. For financing, Ziffy Mortgage’s DSCR program evaluates $1,098/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.