Summerville II Plan, Brightwater Lagoon : Manor Homes,North Fort Myers,FL,33917

Investment Highlights

Investment property for sale in North Fort Myers at Summerville II Plan, Brightwater Lagoon: Manor Homes, North Fort Myers, FL, 33917 listed at $430,499 pairs $3,025/mo rent with a $2,107/mo payment to leave $168/mo cash flow. Total monthly income runs $3,025/mo, and annual cash flow reaches $2,019/yr on $142,710 cash to close. Return on cash invested measures 21.32% in year one, and rental yield registers 8.43% at a $430,499 basis. Equity gained on principal adds $2,778/yr, and annual property appreciation at 5% supports $118,939 by year five. Five-year ROI tracks 111.03% and total cumulative return in cash totals $158,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,025/mo property income relative to a $2,107/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).