Traveler Plan, Summerwind Crossing at Lakes of Cane Bay,Summerville,SC,29486

Investment Highlights

Rental property for sale in Summerville at Traveler Plan, Summerwind Crossing at Lakes of Cane Bay, Summerville, SC, 29486 priced at $349,990 pairs $2,701/mo rent with $358/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,701/mo, and annual cash flow comes to $4,291/yr on $116,022 invested. Return on cash invested is 23.61% in year one, and rental yield stands at 9.26% on a $349,990 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,696 by year five. Five-year ROI measures 123.35% and total cumulative return in cash reaches $143,111. For financing, Ziffy Mortgage’s DSCR program evaluates $2,701/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.