2828 Sherbrooke Ln APT C,Palm Harbor,FL,34684

Investment Highlights

Investment property for sale in Palm Harbor at 2828 Sherbrooke Ln APT C, Palm Harbor, FL, 34684 offers a 9.18% rental yield on a $184,500 purchase with $1,411/mo rent. Total monthly income registers $1,411/mo, and a $903/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,240/yr on $61,162 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,191/yr while 5% annual appreciation supports $50,974 over five years. Portfolio math shows five-year ROI at 123.06% and total cumulative return in cash at $75,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,411/mo property income against a $903/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.