Sierra II w/ Bonus Plan, St Augustine Lakes : St Augustine Lakes 50S,Saint Augustine,FL,32084

Investment Highlights

Investment property for sale in Saint Augustine at Sierra II w/ Bonus Plan, St Augustine Lakes: St Augustine Lakes 50S, Saint Augustine, FL, 32084 offers a 10.33% rental yield on a $431,490 purchase with $3,715/mo rent. Total monthly income registers $3,715/mo, and a $2,112/mo payment leaves $851/mo available for distribution. Annual cash flow reaches $10,218/yr on $143,039 to close, and return on cash invested stands at 27.05% in year one. Equity gained on principal adds $2,784/yr while 5% annual appreciation supports $119,213 over five years. Portfolio math shows five-year ROI at 141.75% and total cumulative return in cash at $202,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,715/mo property income against a $2,112/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.