Donovan Plan, North Meadows : The Reserve Collection,Minneapolis,MN,55449

Investment Highlights

Rental property for sale in Minneapolis at Donovan Plan, North Meadows: The Reserve Collection, Minneapolis, MN, 55449 generates $3,374/mo in rent and, after a $2,462/mo payment, leaves $233/mo in cash flow. Total monthly income is $3,374/mo, and annual cash flow is $2,796/yr on $165,484 invested. Return on cash invested sits at 21.75% in year one, and rental yield is 8.05% on a $502,990 entry. Equity gained on principal adds $3,246/yr, while 5% annual appreciation builds toward $138,967 over five years. Five-year ROI reaches 112.74% and total cumulative return in cash sums $186,574. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,374/mo property income rather than buyer’s personal income.