For saleTownhouse

$299,900

4238 Boulder Ridge Pt

Eagan MN 55122

3 beds, 2 baths, 1,680 sqft

4238 Boulder Ridge Pt is a 3 beds, 2 baths, 1,680 sqft townhouse home for sale at $299,900 in Eagan MN 55122. At 20% down it rents for an estimated $2,200/mo and returns -$188/mo a month at a 5.9% 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
$2,200/mo
Monthly cash flow
-$188/mo
Cap rate
5.9%
Cash-on-cash
-3.8%
Max offer
$226,500

Offer ≤ $226,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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