Saint Andrews Dr #WKWGNY,Eaton Rapids,MI,48827

Investment Highlights

Rental property for sale in Eaton Rapids at Saint Andrews Dr #WKWGNY, Eaton Rapids, MI, 48827 priced at $322,800 pairs $3,120/mo rent with $991/mo cash flow after a $1,580/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $11,895/yr on $107,008 invested. Return on cash invested is 31.02% in year one, and rental yield stands at 11.6% on a $322,800 basis. Equity gained on principal adds $2,083/yr, and 5% annual appreciation accumulates to $89,184 by year five. Five-year ROI measures 163% and total cumulative return in cash reaches $174,426. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $1,580/mo payment instead of your W2s, 1099s, or Tax returns.