Ashton Plan, St. Johns Preserve,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at Ashton Plan, St. Johns Preserve, Palm Bay, FL, 32907 priced at $372,900 pairs $3,931/mo rent with $1,457/mo cash flow after a $1,825/mo payment. Total monthly income equals $3,931/mo, and annual cash flow comes to $17,478/yr on $123,616 invested. Return on cash invested is 34.05% in year one, and rental yield stands at 12.65% on a $372,900 basis. Equity gained on principal adds $2,406/yr, and 5% annual appreciation accumulates to $103,025 by year five. Five-year ROI measures 179.26% and total cumulative return in cash reaches $221,596. For financing, Ziffy Mortgage’s DSCR program evaluates $3,931/mo property income against a $1,825/mo payment instead of your W2s, 1099s, or Tax returns.