Elements 2070 Plan, Willowgate Trails,South Bend,IN,46628

Investment Highlights

Investment property for sale in South Bend at Elements 2070 Plan, Willowgate Trails, South Bend, IN, 46628 listed at $383,900 pairs $3,167/mo rent with a $1,879/mo payment to leave $863/mo cash flow. Total monthly income runs $3,167/mo, and annual cash flow reaches $10,350/yr on $127,263 cash to close. Return on cash invested measures 28.04% in year one, and rental yield registers 9.9% at a $383,900 basis. Equity gained on principal adds $2,477/yr, and annual property appreciation at 5% supports $106,064 by year five. Five-year ROI tracks 146.22% and total cumulative return in cash totals $186,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,167/mo property income relative to a $1,879/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).