18 Garfield Park #A,Edison,NJ,08837

Investment Highlights

Rental property for sale in Edison at 18 Garfield Park #A, Edison, NJ, 08837 priced at $289,900 pairs $2,641/mo rent with $575/mo cash flow after a $1,419/mo payment. Total monthly income equals $2,641/mo, and annual cash flow comes to $6,895/yr on $96,102 invested. Return on cash invested is 27.08% in year one, and rental yield stands at 10.93% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 142.56% and total cumulative return in cash reaches $137,001. For financing, Ziffy Mortgage’s DSCR program evaluates $2,641/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.