4703 Sandcastle Cir,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at 4703 Sandcastle Cir, Saint Augustine, FL, 32084 priced at $242,950 pairs $2,400/mo rent with $723/mo cash flow after a $1,189/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $8,679/yr on $80,538 invested. Return on cash invested is 30.69% in year one, and rental yield stands at 11.85% on a $242,950 basis. Equity gained on principal adds $1,568/yr, and 5% annual appreciation accumulates to $67,123 by year five. Five-year ROI measures 161.61% and total cumulative return in cash reaches $130,156. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,189/mo payment instead of your W2s, 1099s, or Tax returns.