For saleTownhouse

$229,900

5918 Cahill Ave

Inver Grove Heights MN 55076

3 beds, 1 bath, 1,248 sqft

5918 Cahill Ave is a 3 beds, 1 bath, 1,248 sqft townhouse home for sale at $229,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,100/mo and returns $229/mo a month at a 7.9% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$2,100/mo
Monthly cash flow
$229/mo
Cap rate
7.9%
Cash-on-cash
6.0%
Max offer
$220,000

Offer ≤ $220,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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