17295 Fieldcrest Ave,Farmington,MN,55024

Investment Highlights

Investment property for sale in Farmington at 17295 Fieldcrest Ave, Farmington, MN, 55024 listed at $429,999 pairs $2,828/mo rent with a $2,105/mo payment to leave $143/mo cash flow. Total monthly income runs $2,828/mo, and annual cash flow reaches $1,710/yr on $142,545 cash to close. Return on cash invested measures 21.11% in year one, and rental yield registers 7.89% at a $429,999 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 109.35% and total cumulative return in cash totals $155,870. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,828/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).