309 Blackhawk St,Reinbeck,IA,50669

Investment Highlights

Rental property for sale in Reinbeck at 309 Blackhawk St, Reinbeck, IA, 50669 priced at $123,700 converts $1,638/mo rent into $835/mo cash flow after a $605/mo obligation. Total monthly income equals $1,638/mo, and annual cash flow totals $10,021/yr on $41,007 invested. Return on cash invested prints 44.35% in year one, and rental yield reads 15.89% against a $123,700 entry. Equity gained on principal adds $798/yr, while 5% annual appreciation compiles into $34,176 by year five. Five-year ROI reaches 234.41% and total cumulative return in cash sums $96,125. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,638/mo property income covering a $605/mo payment, not borrower’s personal income.