15157 Oxford Cv APT 2404,Fort Myers,FL,33919

Investment Highlights

Investment property for sale in Fort Myers at 15157 Oxford Cv APT 2404, Fort Myers, FL, 33919 listed at $344,000 pairs $2,650/mo rent with a $1,684/mo payment to leave $367/mo cash flow. Total monthly income runs $2,650/mo, and annual cash flow reaches $4,402/yr on $114,036 cash to close. Return on cash invested measures 23.77% in year one, and rental yield registers 9.24% at a $344,000 basis. Equity gained on principal adds $2,220/yr, and annual property appreciation at 5% supports $95,041 by year five. Five-year ROI tracks 124.13% and total cumulative return in cash totals $141,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,650/mo property income relative to a $1,684/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).