DesertStone Plan, Red Hawk Estates Ph 1,Las Cruces,NM,88012

Investment Highlights

Rental property for sale in Las Cruces at DesertStone Plan, Red Hawk Estates Ph 1, Las Cruces, NM, 88012 priced at $429,900 pairs $2,676/mo rent with $153/mo cash flow after a $2,104/mo payment. Total monthly income equals $2,676/mo, and annual cash flow comes to $1,834/yr on $142,512 invested. Return on cash invested is 21.2% in year one, and rental yield stands at 7.47% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 109.33% and total cumulative return in cash reaches $155,803. For financing, Ziffy Mortgage’s DSCR program evaluates $2,676/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.