311 Rike,Mabank,TX,75156

Investment Highlights

Rental property for sale in Mabank at 311 Rike, Mabank, TX, 75156 priced at $245,000 converts $1,920/mo rent into $178/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $2,135/yr on $81,218 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 9.4% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 118.14% and total cumulative return in cash sums $95,952. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,199/mo payment, not borrower’s personal income.