Maple Plan, Peacewood,Kannapolis,NC,28081

Investment Highlights

Rental property for sale in Kannapolis at Maple Plan, Peacewood, Kannapolis, NC, 28081 priced at $492,900 pairs $3,240/mo rent with $157/mo cash flow after a $2,413/mo payment. Total monthly income equals $3,240/mo, and annual cash flow comes to $1,878/yr on $163,396 invested. Return on cash invested is 21.06% in year one, and rental yield stands at 7.89% on a $492,900 basis. Equity gained on principal adds $3,181/yr, and 5% annual appreciation accumulates to $136,179 by year five. Five-year ROI measures 109.1% and total cumulative return in cash reaches $178,259. For financing, Ziffy Mortgage’s DSCR program evaluates $3,240/mo property income against a $2,413/mo payment instead of your W2s, 1099s, or Tax returns.