PEARSON Plan, The Townes at Belle Grove,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at PEARSON Plan, The Townes at Belle Grove, Wendell, NC, 27591 priced at $285,900 converts $2,113/mo rent into $371/mo cash flow after a $1,399/mo obligation. Total monthly income equals $2,113/mo, and annual cash flow totals $4,451/yr on $94,776 invested. Return on cash invested prints 24.61% in year one, and rental yield reads 8.87% against a $285,900 entry. Equity gained on principal adds $1,845/yr, while 5% annual appreciation compiles into $78,989 by year five. Five-year ROI reaches 127.89% and total cumulative return in cash sums $121,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,113/mo property income covering a $1,399/mo payment, not borrower’s personal income.