Birch Plan, Parkway Meadows,Elko New Market,MN,55054

Investment Highlights

Investment property for sale in Elko New Market at Birch Plan, Parkway Meadows, Elko New Market, MN, 55054 listed at $424,990 pairs $2,956/mo rent with a $2,080/mo payment to leave $302/mo cash flow. Total monthly income runs $2,956/mo, and annual cash flow reaches $3,627/yr on $140,884 cash to close. Return on cash invested measures 22.48% in year one, and rental yield registers 8.35% at a $424,990 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,417 by year five. Five-year ROI tracks 116.74% and total cumulative return in cash totals $164,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,956/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).