The Newport Plan, Bonnie Meadows,Haslett,MI,48840

Investment Highlights

Investment property for sale in Haslett at The Newport Plan, Bonnie Meadows, Haslett, MI, 48840 listed at $597,000 pairs $5,400/mo rent with a $2,922/mo payment to leave $1,463/mo cash flow. Total monthly income runs $5,400/mo, and annual cash flow reaches $17,557/yr on $196,413 cash to close. Return on cash invested measures 29% in year one, and rental yield registers 10.85% at a $597,000 basis. Equity gained on principal adds $3,852/yr, and annual property appreciation at 5% supports $164,940 by year five. Five-year ROI tracks 152.11% and total cumulative return in cash totals $298,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,400/mo property income relative to a $2,922/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).