Hemlock Plan, Lochwood,Goode,VA,24556

Investment Highlights

Rental property for sale in Goode at Hemlock Plan, Lochwood, Goode, VA, 24556 priced at $409,950 pairs $2,878/mo rent with $427/mo cash flow after a $2,007/mo payment. Total monthly income equals $2,878/mo, and annual cash flow comes to $5,123/yr on $135,898 invested. Return on cash invested is 23.68% in year one, and rental yield stands at 8.42% on a $409,950 basis. Equity gained on principal adds $2,645/yr, and 5% annual appreciation accumulates to $113,262 by year five. Five-year ROI measures 122.78% and total cumulative return in cash reaches $166,856. For financing, Ziffy Mortgage’s DSCR program evaluates $2,878/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.