Columbia Plan, Antlers Ridge,Lakeville,MN,55044

Investment Highlights

Investment property for sale in Lakeville at Columbia Plan, Antlers Ridge, Lakeville, MN, 55044 listed at $389,990 pairs $3,640/mo rent with a $1,909/mo payment to leave $1,205/mo cash flow. Total monthly income runs $3,640/mo, and annual cash flow reaches $14,454/yr on $129,282 cash to close. Return on cash invested measures 31.09% in year one, and rental yield registers 11.2% at a $389,990 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,747 by year five. Five-year ROI tracks 162.88% and total cumulative return in cash totals $210,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,640/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).