304 Chavis Dr,Hendricks,MN,56136

Investment Highlights

Rental property for sale in Hendricks at 304 Chavis Dr, Hendricks, MN, 56136 priced at $274,900 pairs $1,762/mo rent with $46/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,762/mo, and annual cash flow comes to $551/yr on $91,129 invested. Return on cash invested is 20.51% in year one, and rental yield stands at 7.69% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 106.15% and total cumulative return in cash reaches $96,735. For financing, Ziffy Mortgage’s DSCR program evaluates $1,762/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.