Vanderbilt Plan, Fields of Winslow Cove : Discovery Collection,Andover,MN,55304

Investment Highlights

Rental property for sale in Andover at Vanderbilt Plan, Fields of Winslow Cove: Discovery Collection, Andover, MN, 55304 priced at $522,990 converts $3,718/mo rent into $452/mo cash flow after a $2,560/mo obligation. Total monthly income equals $3,718/mo, and annual cash flow totals $5,424/yr on $172,064 invested. Return on cash invested prints 23.21% in year one, and rental yield reads 8.53% against a $522,990 entry. Equity gained on principal adds $3,375/yr, while 5% annual appreciation compiles into $144,492 by year five. Five-year ROI reaches 120.58% and total cumulative return in cash sums $207,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,718/mo property income covering a $2,560/mo payment, not borrower’s personal income.