445 Lawrence St,Kingsford,MI,49802

Investment Highlights

Rental property for sale in Kingsford at 445 Lawrence St, Kingsford, MI, 49802 priced at $234,900 pairs $2,143/mo rent with $594/mo cash flow after a $1,150/mo payment. Total monthly income equals $2,143/mo, and annual cash flow comes to $7,124/yr on $77,869 invested. Return on cash invested is 29.06% in year one, and rental yield stands at 10.95% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 152.45% and total cumulative return in cash reaches $118,713. For financing, Ziffy Mortgage’s DSCR program evaluates $2,143/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.