156 Elmhurst Ln,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at 156 Elmhurst Ln, Saint Augustine, FL, 32084 priced at $257,990 pairs $2,400/mo rent with $688/mo cash flow after a $1,263/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $8,252/yr on $85,524 invested. Return on cash invested is 29.56% in year one, and rental yield stands at 11.16% on a $257,990 basis. Equity gained on principal adds $1,665/yr, and 5% annual appreciation accumulates to $71,278 by year five. Five-year ROI measures 155.18% and total cumulative return in cash reaches $132,718. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,263/mo payment instead of your W2s, 1099s, or Tax returns.