320 Howard Fork Avenue,Montrose,CO,81403

Investment Highlights

Rental property for sale in Montrose at 320 Howard Fork Avenue, Montrose, CO, 81403 priced at $438,000 pairs $2,654/mo rent with $101/mo cash flow after a $2,144/mo payment. Total monthly income equals $2,654/mo, and annual cash flow comes to $1,214/yr on $145,197 invested. Return on cash invested is 20.75% in year one, and rental yield stands at 7.27% on a $438,000 basis. Equity gained on principal adds $2,826/yr, and 5% annual appreciation accumulates to $121,011 by year five. Five-year ROI measures 106.88% and total cumulative return in cash reaches $155,190. For financing, Ziffy Mortgage’s DSCR program evaluates $2,654/mo property income against a $2,144/mo payment instead of your W2s, 1099s, or Tax returns.