WILMINGTON Plan, Wood Stork Landing : American Dream Series,Ocean Isle Beach,NC,28469

Investment Highlights

Rental property for sale in Ocean Isle Beach at WILMINGTON Plan, Wood Stork Landing: American Dream Series, Ocean Isle Beach, NC, 28469 priced at $348,000 pairs $2,580/mo rent with $459/mo cash flow after a $1,703/mo payment. Total monthly income equals $2,580/mo, and annual cash flow comes to $5,513/yr on $115,362 invested. Return on cash invested is 24.69% in year one, and rental yield stands at 8.9% on a $348,000 basis. Equity gained on principal adds $2,246/yr, and 5% annual appreciation accumulates to $96,146 by year five. Five-year ROI measures 128.36% and total cumulative return in cash reaches $148,078. For financing, Ziffy Mortgage’s DSCR program evaluates $2,580/mo property income against a $1,703/mo payment instead of your W2s, 1099s, or Tax returns.