205 Suburban Meadow Pass,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at 205 Suburban Meadow Pass, Wendell, NC, 27591 priced at $345,990 pairs $2,920/mo rent with $812/mo cash flow after a $1,693/mo payment. Total monthly income equals $2,920/mo, and annual cash flow comes to $9,742/yr on $114,696 invested. Return on cash invested is 28.4% in year one, and rental yield stands at 10.13% on a $345,990 basis. Equity gained on principal adds $2,233/yr, and 5% annual appreciation accumulates to $95,591 by year five. Five-year ROI measures 148.26% and total cumulative return in cash reaches $170,043. For financing, Ziffy Mortgage’s DSCR program evaluates $2,920/mo property income against a $1,693/mo payment instead of your W2s, 1099s, or Tax returns.