Amber Plan, Georgetown Crossing,Kannapolis,NC,28081

Investment Highlights

Rental property for sale in Kannapolis at Amber Plan, Georgetown Crossing, Kannapolis, NC, 28081 priced at $346,990 pairs $2,304/mo rent with $190/mo cash flow after a $1,698/mo payment. Total monthly income equals $2,304/mo, and annual cash flow comes to $2,275/yr on $115,027 invested. Return on cash invested is 21.89% in year one, and rental yield stands at 7.97% on a $346,990 basis. Equity gained on principal adds $2,239/yr, and 5% annual appreciation accumulates to $95,867 by year five. Five-year ROI measures 113.33% and total cumulative return in cash reaches $130,361. For financing, Ziffy Mortgage’s DSCR program evaluates $2,304/mo property income against a $1,698/mo payment instead of your W2s, 1099s, or Tax returns.