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

Investment Highlights

Rental property for sale in Haslett at The Sanibel Plan, Bonnie Meadows, Haslett, MI, 48840 generates $4,882/mo in rent and, after a $2,721/mo payment, leaves $1,216/mo in cash flow. Total monthly income is $4,882/mo, and annual cash flow is $14,590/yr on $182,924 invested. Return on cash invested sits at 28.04% in year one, and rental yield is 10.54% on a $556,000 entry. Equity gained on principal adds $3,588/yr, while 5% annual appreciation builds toward $153,613 over five years. Five-year ROI reaches 146.93% and total cumulative return in cash sums $268,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,882/mo property income rather than buyer’s personal income.