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

Investment Highlights

Rental property for sale in Palm Bay at Boston Plan, Riverwood at Everlands: The Shoals Collection, Palm Bay, FL, 32907 priced at $373,990 converts $4,654/mo rent into $2,173/mo cash flow after a $1,830/mo obligation. Total monthly income equals $4,654/mo, and annual cash flow totals $26,072/yr on $123,978 invested. Return on cash invested prints 40.94% in year one, and rental yield reads 14.93% against a $373,990 entry. Equity gained on principal adds $2,413/yr, while 5% annual appreciation compiles into $103,327 by year five. Five-year ROI reaches 216.2% and total cumulative return in cash sums $268,042. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,654/mo property income covering a $1,830/mo payment, not borrower’s personal income.