Ravenswood V B Plan, Magnolia Pointe,Monroe,LA,71203

Investment Highlights

Investment property for sale in Monroe at Ravenswood V B Plan, Magnolia Pointe, Monroe, LA, 71203 listed at $261,990 pairs $2,422/mo rent with a $1,282/mo payment to leave $799/mo cash flow. Total monthly income runs $2,422/mo, and annual cash flow reaches $9,593/yr on $86,850 cash to close. Return on cash invested measures 30.95% in year one, and rental yield registers 11.09% at a $261,990 basis. Equity gained on principal adds $1,691/yr, and annual property appreciation at 5% supports $72,383 by year five. Five-year ROI tracks 162.11% and total cumulative return in cash totals $140,790. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,422/mo property income relative to a $1,282/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).