HAMPTON Plan, Horizons at Carnes Crossroads | 55+ : Cottage Collection,Summerville,SC,29486

Investment Highlights

Investment property for sale in Summerville at HAMPTON Plan, Horizons at Carnes Crossroads | 55+: Cottage Collection, Summerville, SC, 29486 listed at $364,000 pairs $2,743/mo rent with a $1,782/mo payment to leave $576/mo cash flow. Total monthly income runs $2,743/mo, and annual cash flow reaches $6,909/yr on $120,666 cash to close. Return on cash invested measures 25.63% in year one, and rental yield registers 9.04% at a $364,000 basis. Equity gained on principal adds $2,349/yr, and annual property appreciation at 5% supports $100,566 by year five. Five-year ROI tracks 133.23% and total cumulative return in cash totals $160,769. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,743/mo property income relative to a $1,782/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).