LITCHFIELD II Plan, Wood Stork Landing : Arbor Collection,Ocean Isle Beach,NC,28469

Investment Highlights

Rental property for sale in Ocean Isle Beach at LITCHFIELD II Plan, Wood Stork Landing: Arbor Collection, Ocean Isle Beach, NC, 28469 priced at $378,000 converts $2,622/mo rent into $318/mo cash flow after a $1,850/mo obligation. Total monthly income equals $2,622/mo, and annual cash flow totals $3,821/yr on $125,307 invested. Return on cash invested prints 22.96% in year one, and rental yield reads 8.32% against a $378,000 entry. Equity gained on principal adds $2,439/yr, while 5% annual appreciation compiles into $104,434 by year five. Five-year ROI reaches 119.09% and total cumulative return in cash sums $149,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,622/mo property income covering a $1,850/mo payment, not borrower’s personal income.