10368 NW 24th Pl APT 307,Sunrise,FL,33322

Investment Highlights

Investment property for sale in Sunrise at 10368 NW 24th Pl APT 307, Sunrise, FL, 33322 listed at $149,900 pairs $1,142/mo rent with a $734/mo payment to leave $147/mo cash flow. Total monthly income runs $1,142/mo, and annual cash flow reaches $1,763/yr on $49,692 cash to close. Return on cash invested measures 23.46% in year one, and rental yield registers 9.14% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 122.43% and total cumulative return in cash totals $60,839. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,142/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).