Chatham Plan, Meadows at Belleview,Greenwood,IN,46143

Investment Highlights

Rental property for sale in Greenwood at Chatham Plan, Meadows at Belleview, Greenwood, IN, 46143 priced at $362,000 pairs $2,628/mo rent with $455/mo cash flow after a $1,772/mo payment. Total monthly income equals $2,628/mo, and annual cash flow comes to $5,457/yr on $120,003 invested. Return on cash invested is 24.46% in year one, and rental yield stands at 8.71% on a $362,000 basis. Equity gained on principal adds $2,336/yr, and 5% annual appreciation accumulates to $100,014 by year five. Five-year ROI measures 126.99% and total cumulative return in cash reaches $152,389. For financing, Ziffy Mortgage’s DSCR program evaluates $2,628/mo property income against a $1,772/mo payment instead of your W2s, 1099s, or Tax returns.