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 $2,000/mo and returns $165/mo a month at a 7.4% 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
$2,000/mo
Monthly cash flow
$165/mo
Cap rate
7.4%
Cash-on-cash
4.6%
Max offer
$199,500

Offer ≤ $199,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.