Huntington Plan, Applewood Reserve,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at Huntington Plan, Applewood Reserve, Lakeland, FL, 33810 priced at $445,900 converts $3,371/mo rent into $412/mo cash flow after a $2,182/mo obligation. Total monthly income equals $3,371/mo, and annual cash flow totals $4,949/yr on $147,816 invested. Return on cash invested prints 23.26% in year one, and rental yield reads 9.07% against a $445,900 entry. Equity gained on principal adds $2,877/yr, while 5% annual appreciation compiles into $123,194 by year five. Five-year ROI reaches 121.39% and total cumulative return in cash sums $179,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,371/mo property income covering a $2,182/mo payment, not borrower’s personal income.