The Caledonia Plan, Harpers Landing Townhomes,Blaine,MN,55449

Investment Highlights

Investment property for sale in Blaine at The Caledonia Plan, Harpers Landing Townhomes, Blaine, MN, 55449 listed at $392,990 pairs $3,474/mo rent with a $1,923/mo payment to leave $1,020/mo cash flow. Total monthly income runs $3,474/mo, and annual cash flow reaches $12,246/yr on $130,276 cash to close. Return on cash invested measures 29.31% in year one, and rental yield registers 10.61% at a $392,990 basis. Equity gained on principal adds $2,536/yr, and annual property appreciation at 5% supports $108,576 by year five. Five-year ROI tracks 153.33% and total cumulative return in cash totals $199,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,474/mo property income relative to a $1,923/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).