Plan 1643 Plan, Cordillera,Gilbert,AZ,85298

Investment Highlights

Rental property for sale in Gilbert at Plan 1643 Plan, Cordillera, Gilbert, AZ, 85298 priced at $489,990 converts $3,036/mo rent into $140/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,036/mo, and annual cash flow totals $1,678/yr on $162,432 invested. Return on cash invested prints 20.94% in year one, and rental yield reads 7.44% against a $489,990 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,375 by year five. Five-year ROI reaches 108.01% and total cumulative return in cash sums $175,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,036/mo property income covering a $2,398/mo payment, not borrower’s personal income.