The Channing Plan, Hathaway Lakes,Nunica,MI,49448

Investment Highlights

Rental property for sale in Nunica at The Channing Plan, Hathaway Lakes, Nunica, MI, 49448 priced at $387,000 pairs $2,680/mo rent with $128/mo cash flow after a $1,894/mo payment. Total monthly income equals $2,680/mo, and annual cash flow comes to $1,537/yr on $128,291 invested. Return on cash invested is 21.11% in year one, and rental yield stands at 8.31% on a $387,000 basis. Equity gained on principal adds $2,497/yr, and 5% annual appreciation accumulates to $106,921 by year five. Five-year ROI measures 109.82% and total cumulative return in cash reaches $140,894. For financing, Ziffy Mortgage’s DSCR program evaluates $2,680/mo property income against a $1,894/mo payment instead of your W2s, 1099s, or Tax returns.