Bluestone Plan, Waterford : Hartford Series,Elgin,IL,60124

Investment Highlights

Investment property for sale in Elgin at Bluestone Plan, Waterford: Hartford Series, Elgin, IL, 60124 uses $203,319 cash to close to unlock $1,503/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $4,412/mo, and a $3,025/mo payment keeps the spread at $125/mo. Purchase price stands at $617,990, and rental yield measures 8.57% with $4,412/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $170,739 over five years. Five-year ROI reaches 108.58% and total cumulative return in cash records $220,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,412/mo property income covering a $3,025/mo payment rather than investor’s personal income.