Annapolis Plan, Riverwood at Everlands : The Shoals Collection,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at Annapolis Plan, Riverwood at Everlands: The Shoals Collection, Palm Bay, FL, 32907 priced at $301,990 pairs $2,340/mo rent with $336/mo cash flow after a $1,478/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $4,032/yr on $100,110 invested. Return on cash invested is 23.94% in year one, and rental yield stands at 9.3% on a $301,990 basis. Equity gained on principal adds $1,949/yr, and 5% annual appreciation accumulates to $83,434 by year five. Five-year ROI measures 125.07% and total cumulative return in cash reaches $125,209. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,478/mo payment instead of your W2s, 1099s, or Tax returns.