For saleTownhouse

$280,000

5007 207th St N

Forest Lake MN 55025

3 beds, 1.5 baths, 1,510 sqft

5007 207th St N is a 3 beds, 1.5 baths, 1,510 sqft townhouse home for sale at $280,000 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,350/mo and returns $189/mo a month at a 7.3% 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
$2,350/mo
Monthly cash flow
$189/mo
Cap rate
7.3%
Cash-on-cash
4.0%
Max offer
$256,500

Offer ≤ $256,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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