CRANE II Plan, Landing at Olde Florida,Saint Augustine,FL,32084

Investment Highlights

Rental property for sale in Saint Augustine at CRANE II Plan, Landing at Olde Florida, Saint Augustine, FL, 32084 priced at $480,900 converts $3,653/mo rent into $461/mo cash flow after a $2,354/mo obligation. Total monthly income equals $3,653/mo, and annual cash flow totals $5,537/yr on $159,418 invested. Return on cash invested prints 23.38% in year one, and rental yield reads 9.12% against a $480,900 entry. Equity gained on principal adds $3,103/yr, while 5% annual appreciation compiles into $132,864 by year five. Five-year ROI reaches 122.06% and total cumulative return in cash sums $194,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,653/mo property income covering a $2,354/mo payment, not borrower’s personal income.