Riley Plan, Legacy at Northstar Villas,Lake Elmo,MN,55042

Investment Highlights

Rental property for sale in Lake Elmo at Riley Plan, Legacy at Northstar Villas, Lake Elmo, MN, 55042 priced at $562,900 pairs $4,595/mo rent with $1,080/mo cash flow after a $2,755/mo payment. Total monthly income equals $4,595/mo, and annual cash flow comes to $12,961/yr on $185,194 invested. Return on cash invested is 27.06% in year one, and rental yield stands at 9.8% on a $562,900 basis. Equity gained on principal adds $3,632/yr, and 5% annual appreciation accumulates to $155,519 by year five. Five-year ROI measures 141.25% and total cumulative return in cash reaches $261,580. For financing, Ziffy Mortgage’s DSCR program evaluates $4,595/mo property income against a $2,755/mo payment instead of your W2s, 1099s, or Tax returns.