Wayfair II Plan, Myrtlebrook Preserve,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at Wayfair II Plan, Myrtlebrook Preserve, Lakeland, FL, 33810 priced at $440,900 converts $3,779/mo rent into $853/mo cash flow after a $2,158/mo obligation. Total monthly income equals $3,779/mo, and annual cash flow totals $10,237/yr on $146,158 invested. Return on cash invested prints 26.91% in year one, and rental yield reads 10.29% against a $440,900 entry. Equity gained on principal adds $2,845/yr, while 5% annual appreciation compiles into $121,813 by year five. Five-year ROI reaches 141.01% and total cumulative return in cash sums $206,093. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,779/mo property income covering a $2,158/mo payment, not borrower’s personal income.