301 S Hackett Rd,Waterloo,IA,50701

Investment Highlights

Rental property for sale in Waterloo at 301 S Hackett Rd, Waterloo, IA, 50701 priced at $120,000 pairs $947/mo rent with $168/mo cash flow after a $587/mo payment. Total monthly income equals $947/mo, and annual cash flow comes to $2,016/yr on $39,780 invested. Return on cash invested is 24.98% in year one, and rental yield stands at 9.47% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 130.4% and total cumulative return in cash reaches $51,871. For financing, Ziffy Mortgage’s DSCR program evaluates $947/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.