Irvington Plan, Village Cooperative of Ute Valley (Active Adults 55+),Colorado Springs,CO,80919

Investment Highlights

Rental property for sale in Colorado Springs at Irvington Plan, Village Cooperative of Ute Valley (Active Adults 55+), Colorado Springs, CO, 80919 priced at $316,000 pairs $2,807/mo rent with $965/mo cash flow after a $1,547/mo payment. Total monthly income equals $2,807/mo, and annual cash flow comes to $11,581/yr on $104,754 invested. Return on cash invested is 30.96% in year one, and rental yield stands at 10.66% on a $316,000 basis. Equity gained on principal adds $2,039/yr, and 5% annual appreciation accumulates to $87,305 by year five. Five-year ROI measures 161.69% and total cumulative return in cash reaches $169,375. For financing, Ziffy Mortgage’s DSCR program evaluates $2,807/mo property income against a $1,547/mo payment instead of your W2s, 1099s, or Tax returns.