The Benson II Plan, Catawba Trace,Catawba,NC,28609

Investment Highlights

Investment property for sale in Catawba at The Benson II Plan, Catawba Trace, Catawba, NC, 28609 listed at $285,990 pairs $1,920/mo rent with a $1,400/mo payment to leave $177/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $2,122/yr on $94,806 cash to close. Return on cash invested measures 22.15% in year one, and rental yield registers 8.06% at a $285,990 basis. Equity gained on principal adds $1,845/yr, and annual property appreciation at 5% supports $79,014 by year five. Five-year ROI tracks 114.72% and total cumulative return in cash totals $108,761. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).