Frazier V A Plan, Magnolia Pointe,Monroe,LA,71203

Investment Highlights

Rental property for sale in Monroe at Frazier V A Plan, Magnolia Pointe, Monroe, LA, 71203 priced at $245,990 pairs $1,681/mo rent with $157/mo cash flow after a $1,204/mo payment. Total monthly income equals $1,681/mo, and annual cash flow comes to $1,887/yr on $81,546 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 8.2% on a $245,990 basis. Equity gained on principal adds $1,587/yr, and 5% annual appreciation accumulates to $67,963 by year five. Five-year ROI measures 115.31% and total cumulative return in cash reaches $94,031. For financing, Ziffy Mortgage’s DSCR program evaluates $1,681/mo property income against a $1,204/mo payment instead of your W2s, 1099s, or Tax returns.