MOULTRIE Plan, Horizons at Carnes Crossroads | 55+ : Carriage Collection,Summerville,SC,29486

Investment Highlights

Rental property for sale in Summerville at MOULTRIE Plan, Horizons at Carnes Crossroads | 55+: Carriage Collection, Summerville, SC, 29486 priced at $365,000 pairs $2,927/mo rent with $755/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,927/mo, and annual cash flow comes to $9,057/yr on $120,998 invested. Return on cash invested is 27.39% in year one, and rental yield stands at 9.62% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 142.66% and total cumulative return in cash reaches $172,615. For financing, Ziffy Mortgage’s DSCR program evaluates $2,927/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.