Parklane Plan, Sun City Mesquite,Mesquite,NV,89034

Investment Highlights

Rental property for sale in Mesquite at Parklane Plan, Sun City Mesquite, Mesquite, NV, 89034 priced at $490,990 pairs $3,378/mo rent with $541/mo cash flow after a $2,403/mo payment. Total monthly income equals $3,378/mo, and annual cash flow comes to $6,495/yr on $162,763 invested. Return on cash invested is 23.9% in year one, and rental yield stands at 8.26% on a $490,990 basis. Equity gained on principal adds $3,168/yr, and 5% annual appreciation accumulates to $135,651 by year five. Five-year ROI measures 123.71% and total cumulative return in cash reaches $201,359. For financing, Ziffy Mortgage’s DSCR program evaluates $3,378/mo property income against a $2,403/mo payment instead of your W2s, 1099s, or Tax returns.