For saleTownhouse
$235,000
9 Shady Way Unit A
Circle Pines MN 55014
2 beds, 1.5 baths, 1,158 sqft
9 Shady Way Unit A is a 2 beds, 1.5 baths, 1,158 sqft townhouse home for sale at $235,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $1,975/mo and returns $180/mo a month at a 7.6% 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
- $1,975/mo
- Monthly cash flow
- $180/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.6%
- Max offer
- $218,000
Offer ≤ $218,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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