2121 Magnolia Dr APT 16,Lake Havasu City,AZ,86403

Investment Highlights

Investment property for sale in Lake Havasu City at 2121 Magnolia Dr APT 16, Lake Havasu City, AZ, 86403 listed at $289,900 pairs $2,118/mo rent with a $1,419/mo payment to leave $404/mo cash flow. Total monthly income runs $2,118/mo, and annual cash flow reaches $4,851/yr on $96,102 cash to close. Return on cash invested measures 24.96% in year one, and rental yield registers 8.77% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 129.57% and total cumulative return in cash totals $124,521. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,118/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).