The Pine Plan, Whispering Fields,Farmington,MN,55024

Investment Highlights

Rental property for sale in Farmington at The Pine Plan, Whispering Fields, Farmington, MN, 55024 priced at $442,990 converts $2,923/mo rent into $157/mo cash flow after a $2,168/mo obligation. Total monthly income equals $2,923/mo, and annual cash flow totals $1,884/yr on $146,851 invested. Return on cash invested prints 21.19% in year one, and rental yield reads 7.92% against a $442,990 entry. Equity gained on principal adds $2,859/yr, while 5% annual appreciation compiles into $122,390 by year five. Five-year ROI reaches 109.78% and total cumulative return in cash sums $161,209. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,923/mo property income covering a $2,168/mo payment, not borrower’s personal income.