Elements 1680 Plan, Willowgate Trails,South Bend,IN,46628

Investment Highlights

Investment property for sale in South Bend at Elements 1680 Plan, Willowgate Trails, South Bend, IN, 46628 listed at $365,900 pairs $2,789/mo rent with a $1,791/mo payment to leave $592/mo cash flow. Total monthly income runs $2,789/mo, and annual cash flow reaches $7,110/yr on $121,296 cash to close. Return on cash invested measures 25.77% in year one, and rental yield registers 9.15% at a $365,900 basis. Equity gained on principal adds $2,361/yr, and annual property appreciation at 5% supports $101,091 by year five. Five-year ROI tracks 134.04% and total cumulative return in cash totals $162,590. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,789/mo property income relative to a $1,791/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).