24 Rexford Ct,Brighton,MI,48116

Investment Highlights

Rental property for sale in Brighton at 24 Rexford Ct, Brighton, MI, 48116 priced at $150,000 converts $2,911/mo rent into $1,758/mo cash flow after a $734/mo obligation. Total monthly income equals $2,911/mo, and annual cash flow totals $21,096/yr on $49,725 invested. Return on cash invested prints 62.33% in year one, and rental yield reads 23.29% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 332.27% and total cumulative return in cash sums $165,222. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,911/mo property income covering a $734/mo payment, not borrower’s personal income.