Seneca Plan, Harpers Glen Estates,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at Seneca Plan, Harpers Glen Estates, Wendell, NC, 27591 priced at $434,990 pairs $3,263/mo rent with $612/mo cash flow after a $2,129/mo payment. Total monthly income equals $3,263/mo, and annual cash flow comes to $7,344/yr on $144,199 invested. Return on cash invested is 25% in year one, and rental yield stands at 9% on a $434,990 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,180 by year five. Five-year ROI measures 130.05% and total cumulative return in cash reaches $187,533. For financing, Ziffy Mortgage’s DSCR program evaluates $3,263/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.