MERIDIAN Plan, Ashford Place,Plainfield,IL,60586

Investment Highlights

Rental property for sale in Plainfield at MERIDIAN Plan, Ashford Place, Plainfield, IL, 60586 generates $3,792/mo in rent and, after a $2,002/mo payment, leaves $955/mo in cash flow. Total monthly income is $3,792/mo, and annual cash flow is $11,460/yr on $135,580 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 11.13% on a $408,990 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation builds toward $112,996 over five years. Five-year ROI reaches 149.13% and total cumulative return in cash sums $202,194. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,792/mo property income rather than buyer’s personal income.