Monroe Plan, Keen's Grove,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at Monroe Plan, Keen's Grove, Lakeland, FL, 33810 priced at $445,900 pairs $3,736/mo rent with $777/mo cash flow after a $2,182/mo payment. Total monthly income equals $3,736/mo, and annual cash flow comes to $9,329/yr on $147,816 invested. Return on cash invested is 26.22% in year one, and rental yield stands at 10.05% on a $445,900 basis. Equity gained on principal adds $2,877/yr, and 5% annual appreciation accumulates to $123,194 by year five. Five-year ROI measures 137.28% and total cumulative return in cash reaches $202,923. For financing, Ziffy Mortgage’s DSCR program evaluates $3,736/mo property income against a $2,182/mo payment instead of your W2s, 1099s, or Tax returns.