Chatham Plan, The Gates of St. John,Saint John,IN,46373

Investment Highlights

Investment property for sale in Saint John at Chatham Plan, The Gates of St. John, Saint John, IN, 46373 listed at $359,000 pairs $3,096/mo rent with a $1,757/mo payment to leave $941/mo cash flow. Total monthly income runs $3,096/mo, and annual cash flow reaches $11,293/yr on $119,009 cash to close. Return on cash invested measures 29.4% in year one, and rental yield registers 10.35% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 153.52% and total cumulative return in cash totals $182,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,096/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).