10391 188th St W,Lakeville,MN,55044

Investment Highlights

Rental property for sale in Lakeville at 10391 188th St W, Lakeville, MN, 55044 generates $4,962/mo in rent and, after a $3,793/mo payment, leaves $123/mo in cash flow. Total monthly income is $4,962/mo, and annual cash flow is $1,473/yr on $254,975 invested. Return on cash invested sits at 20.64% in year one, and rental yield is 7.68% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 106.78% and total cumulative return in cash sums $272,275. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,962/mo property income rather than buyer’s personal income.