Palm Beach Plan, Palm Lake Estates,West Palm Beach,FL,33404

Investment Highlights

Rental property for sale in West Palm Beach at Palm Beach Plan, Palm Lake Estates, West Palm Beach, FL, 33404 priced at $179,900 pairs $1,442/mo rent with $248/mo cash flow after a $881/mo payment. Total monthly income equals $1,442/mo, and annual cash flow comes to $2,972/yr on $59,637 invested. Return on cash invested is 24.89% in year one, and rental yield stands at 9.62% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 130.18% and total cumulative return in cash reaches $77,637. For financing, Ziffy Mortgage’s DSCR program evaluates $1,442/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.