657 Cherrywood Drive,Waterford,WI,53185

Investment Highlights

Rental property for sale in Waterford at 657 Cherrywood Drive, Waterford, WI, 53185 priced at $499,900 converts $4,375/mo rent into $1,020/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,375/mo, and annual cash flow totals $12,238/yr on $165,717 invested. Return on cash invested prints 27.29% in year one, and rental yield reads 10.5% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 143.12% and total cumulative return in cash sums $237,180. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,375/mo property income covering a $2,447/mo payment, not borrower’s personal income.