Plan 1 Plan, Almond Creek,Bakersfield,CA,93314

Investment Highlights

Investment property for sale in Bakersfield at Plan 1 Plan, Almond Creek, Bakersfield, CA, 93314 listed at $412,899 pairs $4,896/mo rent with a $2,021/mo payment to leave $2,342/mo cash flow. Total monthly income runs $4,896/mo, and annual cash flow reaches $28,100/yr on $136,876 cash to close. Return on cash invested measures 40.44% in year one, and rental yield registers 14.23% at a $412,899 basis. Equity gained on principal adds $2,664/yr, and annual property appreciation at 5% supports $114,076 by year five. Five-year ROI tracks 212.92% and total cumulative return in cash totals $291,442. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,896/mo property income relative to a $2,021/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).