5205 Cedarbend Dr APT 3,Fort Myers,FL,33919

Investment Highlights

Investment property for sale in Fort Myers at 5205 Cedarbend Dr APT 3, Fort Myers, FL, 33919 listed at $173,129 pairs $2,032/mo rent with a $847/mo payment to leave $418/mo cash flow. Total monthly income runs $2,032/mo, and annual cash flow reaches $5,018/yr on $57,392 cash to close. Return on cash invested measures 28.65% in year one, and rental yield registers 14.08% at a $173,129 basis. Equity gained on principal adds $1,117/yr, and annual property appreciation at 5% supports $47,832 by year five. Five-year ROI tracks 153.92% and total cumulative return in cash totals $88,339. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,032/mo property income relative to a $847/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).