Bonita Plan, Malabar Springs,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at Bonita Plan, Malabar Springs, Palm Bay, FL, 32907 listed at $332,990 pairs $2,340/mo rent with a $1,630/mo payment to leave $130/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $1,560/yr on $110,386 cash to close. Return on cash invested measures 21.32% in year one, and rental yield registers 8.43% at a $332,990 basis. Equity gained on principal adds $2,149/yr, and annual property appreciation at 5% supports $91,999 by year five. Five-year ROI tracks 111.05% and total cumulative return in cash totals $122,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,630/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).