Element 2 Bed Plan, Element at Mill Creek,Annapolis,MD,21409

Investment Highlights

Investment property for sale in Annapolis at Element 2 Bed Plan, Element at Mill Creek, Annapolis, MD, 21409 at $472,070 posts ROI 26.58% with $870/mo cash flow from $3,806/mo rent. Total monthly income equals $3,806/mo, and annual cash flow records $10,434/yr on $156,491 to close. Return on cash invested measures 26.58% and rental yield reads 9.67% at the current $472,070. Equity gained on principal adds $3,046/yr, and 5% annual appreciation supports $130,424 by year five. Five-year ROI prints 138.64% and total cumulative return in cash totals $216,959.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,806/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).