Madison Plan, Vermillion Commons : Colonial Patriot Collection,Farmington,MN,55024

Investment Highlights

Rental property for sale in Farmington at Madison Plan, Vermillion Commons: Colonial Patriot Collection, Farmington, MN, 55024 priced at $353,990 pairs $3,025/mo rent with $814/mo cash flow after a $1,733/mo payment. Total monthly income equals $3,025/mo, and annual cash flow comes to $9,769/yr on $117,348 invested. Return on cash invested is 28.23% in year one, and rental yield stands at 10.25% on a $353,990 basis. Equity gained on principal adds $2,284/yr, and 5% annual appreciation accumulates to $97,801 by year five. Five-year ROI measures 147.59% and total cumulative return in cash reaches $173,191. For financing, Ziffy Mortgage’s DSCR program evaluates $3,025/mo property income against a $1,733/mo payment instead of your W2s, 1099s, or Tax returns.