Highland 1851 Plan, Harbor Club,South Haven,MI,49090

Investment Highlights

Rental property for sale in South Haven at Highland 1851 Plan, Harbor Club, South Haven, MI, 49090 priced at $559,605 converts $5,158/mo rent into $1,468/mo cash flow after a $2,739/mo obligation. Total monthly income equals $5,158/mo, and annual cash flow totals $17,612/yr on $184,110 invested. Return on cash invested prints 29.63% in year one, and rental yield reads 11.06% against a $559,605 entry. Equity gained on principal adds $3,611/yr, while 5% annual appreciation compiles into $154,609 by year five. Five-year ROI reaches 155.46% and total cumulative return in cash sums $286,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,158/mo property income covering a $2,739/mo payment, not borrower’s personal income.