Park Place Residence Plan 3 Plan, Park Place,Oxnard,CA,93036

Investment Highlights

Rental property for sale in Oxnard at Park Place Residence Plan 3 Plan, Park Place, Oxnard, CA, 93036 priced at $735,098 converts $7,249/mo rent into $2,701/mo cash flow after a $3,598/mo obligation. Total monthly income equals $7,249/mo, and annual cash flow totals $32,418/yr on $241,847 invested. Return on cash invested prints 33.46% in year one, and rental yield reads 11.83% against a $735,098 entry. Equity gained on principal adds $4,743/yr, while 5% annual appreciation compiles into $203,094 by year five. Five-year ROI reaches 175.5% and total cumulative return in cash sums $424,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,249/mo property income covering a $3,598/mo payment, not borrower’s personal income.