Latham Plan, The Summit at Morgan Ridge,Chapel Hill,NC,27516

Investment Highlights

Investment property for sale in Chapel Hill at Latham Plan, The Summit at Morgan Ridge, Chapel Hill, NC, 27516 at $872,490 posts ROI 20.08% with $5/mo cash flow from $5,322/mo rent. Total monthly income equals $5,322/mo, and annual cash flow records $60/yr on $287,049 to close. Return on cash invested measures 20.08% and rental yield reads 7.32% at the current $872,490. Equity gained on principal adds $5,630/yr, and 5% annual appreciation supports $241,053 by year five. Five-year ROI prints 103.62% and total cumulative return in cash totals $297,435.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,322/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).