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

Investment Highlights

Rental property for sale in Blaine at The Elton Plan, Harpers Landing Townhomes, Blaine, MN, 55449 generates $3,474/mo in rent and, after a $2,041/mo payment, leaves $870/mo in cash flow. Total monthly income is $3,474/mo, and annual cash flow is $10,441/yr on $138,232 invested. Return on cash invested sits at 27.46% in year one, and rental yield is 10% on a $416,990 entry. Equity gained on principal adds $2,691/yr, while 5% annual appreciation builds toward $115,207 over five years. Five-year ROI reaches 143.44% and total cumulative return in cash sums $198,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,474/mo property income rather than buyer’s personal income.