Springfield Plan, Lexington Waters : Lifestyle Villa Collection,Minneapolis,MN,55449

Investment Highlights

Investment property for sale in Minneapolis at Springfield Plan, Lexington Waters: Lifestyle Villa Collection, Minneapolis, MN, 55449 at $578,990 posts ROI 23.88% with $606/mo cash flow from $4,222/mo rent. Total monthly income equals $4,222/mo, and annual cash flow records $7,276/yr on $190,488 to close. Return on cash invested measures 23.88% and rental yield reads 8.75% at the current $578,990. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,964 by year five. Five-year ROI prints 124.19% and total cumulative return in cash totals $236,571.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,222/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).