The Cabarrus Q Plan, Wendell Falls,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at The Cabarrus Q Plan, Wendell Falls, Wendell, NC, 27591 priced at $447,500 pairs $2,830/mo rent with $3/mo cash flow after a $2,190/mo payment. Total monthly income equals $2,830/mo, and annual cash flow comes to $36/yr on $148,346 invested. Return on cash invested is 19.93% in year one, and rental yield stands at 7.59% on a $447,500 basis. Equity gained on principal adds $2,888/yr, and 5% annual appreciation accumulates to $123,636 by year five. Five-year ROI measures 103.13% and total cumulative return in cash reaches $152,989. For financing, Ziffy Mortgage’s DSCR program evaluates $2,830/mo property income against a $2,190/mo payment instead of your W2s, 1099s, or Tax returns.