Hawthorne Plan, Edgewater on Lake Tillery Inland,Norwood,NC,28128

Investment Highlights

Rental property for sale in Norwood at Hawthorne Plan, Edgewater on Lake Tillery Inland, Norwood, NC, 28128 priced at $551,441 pairs $3,527/mo rent with $166/mo cash flow after a $2,699/mo payment. Total monthly income equals $3,527/mo, and annual cash flow comes to $1,995/yr on $181,424 invested. Return on cash invested is 21.16% in year one, and rental yield stands at 7.68% on a $551,441 basis. Equity gained on principal adds $3,558/yr, and 5% annual appreciation accumulates to $152,353 by year five. Five-year ROI measures 109.4% and total cumulative return in cash reaches $198,474. For financing, Ziffy Mortgage’s DSCR program evaluates $3,527/mo property income against a $2,699/mo payment instead of your W2s, 1099s, or Tax returns.