3009 Pasadena St,Kalamazoo,MI,49001

Investment Highlights

Rental property for sale in Kalamazoo at 3009 Pasadena St, Kalamazoo, MI, 49001 priced at $220,000 pairs $1,575/mo rent with $124/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,575/mo, and annual cash flow comes to $1,488/yr on $72,930 invested. Return on cash invested is 21.95% in year one, and rental yield stands at 8.59% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 114.29% and total cumulative return in cash reaches $83,351. For financing, Ziffy Mortgage’s DSCR program evaluates $1,575/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.