For saleTownhouse
$1,200,000
6658 Smithtown Rd
Excelsior MN 55331
3 beds, 3 baths, 2,422 sqft
6658 Smithtown Rd is a 3 beds, 3 baths, 2,422 sqft townhouse home for sale at $1,200,000 in Excelsior MN 55331. At 20% down it rents for an estimated $2,350/mo and returns -$6,070/mo a month at a 0.6% 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
- $2,350/mo
- Monthly cash flow
- -$6,070/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.3%
- Max offer
- $249,500
Offer ≤ $249,500 (79% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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