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

Investment Highlights

Rental property for sale in Haslett at The Preston Plan, Bonnie Meadows, Haslett, MI, 48840 generates $5,143/mo in rent and, after a $2,809/mo payment, leaves $1,358/mo in cash flow. Total monthly income is $5,143/mo, and annual cash flow is $16,298/yr on $188,846 invested. Return on cash invested sits at 28.69% in year one, and rental yield is 10.75% on a $574,000 entry. Equity gained on principal adds $3,704/yr, while 5% annual appreciation builds toward $158,586 over five years. Five-year ROI reaches 150.45% and total cumulative return in cash sums $284,121. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,143/mo property income rather than buyer’s personal income.