Riverton Plan, Summergate at Highland Woods,Elgin,IL,60124

Investment Highlights

Rental property for sale in Elgin at Riverton Plan, Summergate at Highland Woods, Elgin, IL, 60124 priced at $699,990 pairs $3,739/mo rent with after a $3,426/mo payment. Total monthly income equals $3,739/mo. Return on cash invested is 14.24% in year one, and rental yield stands at 6.41% on a $699,990 basis. Equity gained on principal adds $4,517/yr, and 5% annual appreciation accumulates to $193,394 by year five. Five-year ROI measures 73.41% and total cumulative return in cash reaches $169,069. For financing, Ziffy Mortgage’s DSCR program evaluates $3,739/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.