1111 Dorthy Ln,Elko New Market,MN,55054

Investment Highlights

Investment property for sale in Elko New Market at 1111 Dorthy Ln, Elko New Market, MN, 55054 listed at $400,000 pairs $2,645/mo rent with a $1,958/mo payment to leave $147/mo cash flow. Total monthly income runs $2,645/mo, and annual cash flow reaches $1,764/yr on $132,600 cash to close. Return on cash invested measures 21.24% in year one, and rental yield registers 7.94% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 110.04% and total cumulative return in cash totals $145,912. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,645/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).