Davenport Plan, Stillwater Crossing,Macomb,MI,48042

Investment Highlights

Rental property for sale in Macomb at Davenport Plan, Stillwater Crossing, Macomb, MI, 48042 priced at $432,685 converts $3,090/mo rent into $236/mo cash flow after a $2,118/mo obligation. Total monthly income equals $3,090/mo, and annual cash flow totals $2,837/yr on $143,435 invested. Return on cash invested prints 21.89% in year one, and rental yield reads 8.57% against a $432,685 entry. Equity gained on principal adds $2,792/yr, while 5% annual appreciation compiles into $119,543 by year five. Five-year ROI reaches 113.99% and total cumulative return in cash sums $163,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,090/mo property income covering a $2,118/mo payment, not borrower’s personal income.