Tabitha Plan, Magnolia at Harris Ranch,Sparks,NV,89441

Investment Highlights

Investment property for sale in Sparks at Tabitha Plan, Magnolia at Harris Ranch, Sparks, NV, 89441 listed at $624,995 pairs $4,141/mo rent with a $3,059/mo payment to leave $530/mo cash flow. Total monthly income runs $4,141/mo, and annual cash flow reaches $6,359/yr on $205,623 cash to close. Return on cash invested measures 23.15% in year one, and rental yield registers 7.95% at a $624,995 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,675 by year five. Five-year ROI tracks 119.65% and total cumulative return in cash totals $246,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,141/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).