Majestic Plan, North Port,North Port,FL,34286

Investment Highlights

Rental property for sale in North Port at Majestic Plan, North Port, North Port, FL, 34286 priced at $339,000 converts $2,977/mo rent into $728/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,977/mo, and annual cash flow totals $8,731/yr on $112,379 invested. Return on cash invested prints 27.68% in year one, and rental yield reads 10.54% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 145.1% and total cumulative return in cash sums $163,060. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,977/mo property income covering a $1,659/mo payment, not borrower’s personal income.