Alexia Plan, St Augustine Lakes : St Augustine Lakes 40S,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at Alexia Plan, St Augustine Lakes: St Augustine Lakes 40S, Saint Augustine, FL, 32084 generates $2,580/mo in rent and, after a $1,799/mo payment, leaves $141/mo in cash flow. Total monthly income is $2,580/mo, and annual cash flow is $1,691/yr on $121,826 invested. Return on cash invested sits at 21.3% in year one, and rental yield is 8.42% on a $367,499 entry. Equity gained on principal adds $2,371/yr, while 5% annual appreciation builds toward $101,533 over five years. Five-year ROI reaches 110.86% and total cumulative return in cash sums $135,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.