Capri IV Plan, Domani II Courtyards at The Bluffs,Ames,IA,50014

Investment Highlights

Rental property for sale in Ames at Capri IV Plan, Domani II Courtyards at The Bluffs, Ames, IA, 50014 priced at $434,950 converts $2,614/mo rent into after a $2,129/mo obligation. Total monthly income equals $2,614/mo. Return on cash invested prints 18.15% in year one, and rental yield reads 7.21% against a $434,950 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,169 by year five. Five-year ROI reaches 93.85% and total cumulative return in cash sums $135,321. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,614/mo property income covering a $2,129/mo payment, not borrower’s personal income.