Jamestown Plan, The Coves at Lakes of Cane Bay II,Summerville,SC,29486

Investment Highlights

Investment property for sale in Summerville at Jamestown Plan, The Coves at Lakes of Cane Bay II, Summerville, SC, 29486 listed at $518,990 pairs $3,618/mo rent with a $2,540/mo payment to leave $529/mo cash flow. Total monthly income runs $3,618/mo, and annual cash flow reaches $6,345/yr on $170,748 cash to close. Return on cash invested measures 23.78% in year one, and rental yield registers 8.37% at a $518,990 basis. Equity gained on principal adds $3,349/yr, and annual property appreciation at 5% supports $143,387 by year five. Five-year ROI tracks 123.24% and total cumulative return in cash totals $210,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,618/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).