HENLEY Plan, West Point Gardens,Elgin,IL,60124

Investment Highlights

Rental property for sale in Elgin at HENLEY Plan, West Point Gardens, Elgin, IL, 60124 priced at $545,990 pairs $4,187/mo rent with $400/mo cash flow after a $2,672/mo payment. Total monthly income equals $4,187/mo, and annual cash flow comes to $4,803/yr on $179,631 invested. Return on cash invested is 22.73% in year one, and rental yield stands at 9.2% on a $545,990 basis. Equity gained on principal adds $3,523/yr, and 5% annual appreciation accumulates to $150,847 by year five. Five-year ROI measures 118.96% and total cumulative return in cash reaches $213,695. For financing, Ziffy Mortgage’s DSCR program evaluates $4,187/mo property income against a $2,672/mo payment instead of your W2s, 1099s, or Tax returns.