Cordoba Plan, Lexington Waters : Villas Collection,Minneapolis,MN,55449

Investment Highlights

Investment property for sale in Minneapolis at Cordoba Plan, Lexington Waters: Villas Collection, Minneapolis, MN, 55449 listed at $476,990 pairs $1,860/mo rent with a $2,335/mo payment. Total monthly income runs $1,860/mo. Return on cash invested measures 11.42% in year one, and rental yield registers 4.68% at a $476,990 basis. Equity gained on principal adds $3,078/yr, and annual property appreciation at 5% supports $131,784 by year five. Five-year ROI tracks 57.39% and total cumulative return in cash totals $90,752. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,860/mo property income relative to a $2,335/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).