Olive Plan, Midtown Reserve,College Station,TX,77845

Investment Highlights

Investment property for sale in College Station at Olive Plan, Midtown Reserve, College Station, TX, 77845 listed at $298,990 pairs $2,329/mo rent with a $1,463/mo payment to leave $203/mo cash flow. Total monthly income runs $2,329/mo, and annual cash flow reaches $2,439/yr on $99,115 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 9.35% at a $298,990 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,605 by year five. Five-year ROI tracks 117.29% and total cumulative return in cash totals $116,251. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,329/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).