The Eaton Plan, Fosdick Glen of Saline,Saline,MI,48176

Investment Highlights

Rental property for sale in Saline at The Eaton Plan, Fosdick Glen of Saline, Saline, MI, 48176 priced at $493,900 pairs $3,311/mo rent with $54/mo cash flow after a $2,417/mo payment. Total monthly income equals $3,311/mo, and annual cash flow comes to $652/yr on $163,728 invested. Return on cash invested is 20.31% in year one, and rental yield stands at 8.04% on a $493,900 basis. Equity gained on principal adds $3,187/yr, and 5% annual appreciation accumulates to $136,455 by year five. Five-year ROI measures 105.52% and total cumulative return in cash reaches $172,765. For financing, Ziffy Mortgage’s DSCR program evaluates $3,311/mo property income against a $2,417/mo payment instead of your W2s, 1099s, or Tax returns.