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

Investment Highlights

Rental property for sale in Haslett at The Sebastian Plan, Bonnie Meadows, Haslett, MI, 48840 priced at $642,000 pairs $5,650/mo rent with $1,417/mo cash flow after a $3,142/mo payment. Total monthly income equals $5,650/mo, and annual cash flow comes to $16,999/yr on $211,218 invested. Return on cash invested is 28.11% in year one, and rental yield stands at 10.56% on a $642,000 basis. Equity gained on principal adds $4,143/yr, and 5% annual appreciation accumulates to $177,373 by year five. Five-year ROI measures 147.32% and total cumulative return in cash reaches $311,158. For financing, Ziffy Mortgage’s DSCR program evaluates $5,650/mo property income against a $3,142/mo payment instead of your W2s, 1099s, or Tax returns.