For saleTownhouse

$239,900

20646 Brennan Path

Farmington MN 55024

3 beds, 1.5 baths, 1,358 sqft

20646 Brennan Path is a 3 beds, 1.5 baths, 1,358 sqft townhouse home for sale at $239,900 in Farmington MN 55024. At 20% down it rents for an estimated $2,250/mo and returns $357/mo a month at a 8.3% 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
$2,250/mo
Monthly cash flow
$357/mo
Cap rate
8.3%
Cash-on-cash
8.9%
Max offer
$239,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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