222 Shangri La Cir,Edgewater,FL,32132

Investment Highlights

Rental property for sale in Edgewater at 222 Shangri La Cir, Edgewater, FL, 32132 priced at $224,500 converts $1,634/mo rent into $144/mo cash flow after a $1,099/mo obligation. Total monthly income equals $1,634/mo, and annual cash flow totals $1,728/yr on $74,422 invested. Return on cash invested prints 22.23% in year one, and rental yield reads 8.73% against a $224,500 entry. Equity gained on principal adds $1,449/yr, while 5% annual appreciation compiles into $62,025 by year five. Five-year ROI reaches 115.86% and total cumulative return in cash sums $86,228. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,634/mo property income covering a $1,099/mo payment, not borrower’s personal income.