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

Investment Highlights

Rental property for sale in Nunica at The Hadley Plan, Hathaway Lakes, Nunica, MI, 49448 priced at $502,000 pairs $3,869/mo rent with $559/mo cash flow after a $2,457/mo payment. Total monthly income equals $3,869/mo, and annual cash flow comes to $6,703/yr on $165,158 invested. Return on cash invested is 24.12% in year one, and rental yield stands at 9.25% on a $502,000 basis. Equity gained on principal adds $3,239/yr, and 5% annual appreciation accumulates to $138,693 by year five. Five-year ROI measures 125.93% and total cumulative return in cash reaches $207,984. For financing, Ziffy Mortgage’s DSCR program evaluates $3,869/mo property income against a $2,457/mo payment instead of your W2s, 1099s, or Tax returns.