BRIO Plan, St Augustine Lakes : St Augustine Lakes 50S,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at BRIO Plan, St Augustine Lakes: St Augustine Lakes 50S, Saint Augustine, FL, 32084 priced at $435,499 converts $3,576/mo rent into $686/mo cash flow after a $2,132/mo obligation. Total monthly income equals $3,576/mo, and annual cash flow totals $8,226/yr on $144,368 invested. Return on cash invested prints 25.61% in year one, and rental yield reads 9.85% against a $435,499 entry. Equity gained on principal adds $2,810/yr, while 5% annual appreciation compiles into $120,320 by year five. Five-year ROI reaches 134% and total cumulative return in cash sums $193,453. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,576/mo property income covering a $2,132/mo payment, not borrower’s personal income.