The Adams Plan, Lexington Waters,Minneapolis,MN,55449

Investment Highlights

Rental property for sale in Minneapolis at The Adams Plan, Lexington Waters, Minneapolis, MN, 55449 priced at $577,990 converts $4,945/mo rent into $1,336/mo cash flow after a $2,829/mo obligation. Total monthly income equals $4,945/mo, and annual cash flow totals $16,029/yr on $190,159 invested. Return on cash invested prints 28.49% in year one, and rental yield reads 10.27% against a $577,990 entry. Equity gained on principal adds $3,730/yr, while 5% annual appreciation compiles into $159,688 by year five. Five-year ROI reaches 148.9% and total cumulative return in cash sums $283,141. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,945/mo property income covering a $2,829/mo payment, not borrower’s personal income.