Clearwater Plan, Lexington Waters,Minneapolis,MN,55449

Investment Highlights

Rental property for sale in Minneapolis at Clearwater Plan, Lexington Waters, Minneapolis, MN, 55449 priced at $559,990 converts $3,744/mo rent into $247/mo cash flow after a $2,741/mo obligation. Total monthly income equals $3,744/mo, and annual cash flow totals $2,964/yr on $184,237 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 8.02% against a $559,990 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,715 by year five. Five-year ROI reaches 112.34% and total cumulative return in cash sums $206,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,744/mo property income covering a $2,741/mo payment, not borrower’s personal income.