58 MONTELLANO Road,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at 58 MONTELLANO Road, Saint Augustine, FL, 32084 listed at $252,990 pairs $2,346/mo rent with a $1,238/mo payment to leave $667/mo cash flow. Total monthly income runs $2,346/mo, and annual cash flow reaches $8,009/yr on $83,866 cash to close. Return on cash invested measures 29.46% in year one, and rental yield registers 11.13% at a $252,990 basis. Equity gained on principal adds $1,633/yr, and annual property appreciation at 5% supports $69,896 by year five. Five-year ROI tracks 154.66% and total cumulative return in cash totals $129,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,346/mo property income relative to a $1,238/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).