Elliot Plan, Briarcroft,Saint Paul,MN,55129

Investment Highlights

Rental property for sale in Saint Paul at Elliot Plan, Briarcroft, Saint Paul, MN, 55129 priced at $607,900 converts $4,388/mo rent into $592/mo cash flow after a $2,975/mo obligation. Total monthly income equals $4,388/mo, and annual cash flow totals $7,108/yr on $199,999 invested. Return on cash invested prints 23.61% in year one, and rental yield reads 8.66% against a $607,900 entry. Equity gained on principal adds $3,923/yr, while 5% annual appreciation compiles into $167,952 by year five. Five-year ROI reaches 122.76% and total cumulative return in cash sums $245,528. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,388/mo property income covering a $2,975/mo payment, not borrower’s personal income.