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

Investment Highlights

Rental property for sale in Minneapolis at The Jordan Plan, Lexington Waters, Minneapolis, MN, 55449 generates $4,591/mo in rent and, after a $3,020/mo payment, leaves $738/mo in cash flow. Total monthly income is $4,591/mo, and annual cash flow is $8,857/yr on $202,990 invested. Return on cash invested sits at 24.42% in year one, and rental yield is 8.93% on a $616,990 entry. Equity gained on principal adds $3,981/yr, while 5% annual appreciation builds toward $170,463 over five years. Five-year ROI reaches 127.11% and total cumulative return in cash sums $258,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,591/mo property income rather than buyer’s personal income.