307 Rike,Mabank,TX,75156

Investment Highlights

Rental property for sale in Mabank at 307 Rike, Mabank, TX, 75156 priced at $245,000 pairs $1,999/mo rent with $257/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,999/mo, and annual cash flow comes to $3,083/yr on $81,218 invested. Return on cash invested is 23.7% in year one, and rental yield stands at 9.79% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 124.39% and total cumulative return in cash reaches $101,028. For financing, Ziffy Mortgage’s DSCR program evaluates $1,999/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.