1212 Benjamin Franklin Dr APT 206,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 1212 Benjamin Franklin Dr APT 206, Sarasota, FL, 34236 listed at $949,900 pairs $6,900/mo rent with a $4,649/mo payment to leave $597/mo cash flow. Total monthly income runs $6,900/mo, and annual cash flow reaches $7,159/yr on $312,517 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 8.72% at a $949,900 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,440 by year five. Five-year ROI tracks 116.49% and total cumulative return in cash totals $364,050. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,900/mo property income relative to a $4,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).