Brooks Plan, Hayden Place,Jacksonville,NC,28540

Investment Highlights

Rental property for sale in Jacksonville at Brooks Plan, Hayden Place, Jacksonville, NC, 28540 priced at $428,990 pairs $2,999/mo rent with $384/mo cash flow after a $2,100/mo payment. Total monthly income equals $2,999/mo, and annual cash flow comes to $4,611/yr on $142,210 invested. Return on cash invested is 23.15% in year one, and rental yield stands at 8.39% on a $428,990 basis. Equity gained on principal adds $2,768/yr, and 5% annual appreciation accumulates to $118,522 by year five. Five-year ROI measures 120.12% and total cumulative return in cash reaches $170,829. For financing, Ziffy Mortgage’s DSCR program evaluates $2,999/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.