For saleTownhouse
$215,000
4970 149th St N Unit 3
Hugo MN 55038
2 beds, 1.5 baths, 1,288 sqft
4970 149th St N Unit 3 is a 2 beds, 1.5 baths, 1,288 sqft townhouse home for sale at $215,000 in Hugo MN 55038. At 20% down it rents for an estimated $2,100/mo and returns $238/mo a month at a 8.0% 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
- $238/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.6%
- Max offer
- $208,500
Offer ≤ $208,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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