The Princeton Plan, Wolverine Country Club Estates,Macomb,MI,48042

Investment Highlights

Rental property for sale in Macomb at The Princeton Plan, Wolverine Country Club Estates, Macomb, MI, 48042 priced at $553,990 converts $4,589/mo rent into $935/mo cash flow after a $2,712/mo obligation. Total monthly income equals $4,589/mo, and annual cash flow totals $11,223/yr on $182,263 invested. Return on cash invested prints 26.22% in year one, and rental yield reads 9.94% against a $553,990 entry. Equity gained on principal adds $3,575/yr, while 5% annual appreciation compiles into $153,057 by year five. Five-year ROI reaches 137.2% and total cumulative return in cash sums $250,058. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,589/mo property income covering a $2,712/mo payment, not borrower’s personal income.