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

Investment Highlights

Investment property for sale in Minneapolis at The Redwood Plan, Lexington Waters, Minneapolis, MN, 55449 at $610,990 posts ROI 28.69% with $1,445/mo cash flow from $5,260/mo rent. Total monthly income equals $5,260/mo, and annual cash flow records $17,342/yr on $201,016 to close. Return on cash invested measures 28.69% and rental yield reads 10.33% at the current $610,990. Equity gained on principal adds $3,943/yr, and 5% annual appreciation supports $168,805 by year five. Five-year ROI prints 149.97% and total cumulative return in cash totals $301,470.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,260/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).