For saleTownhouse
$255,000
8334 Delaney Dr
Inver Grove Heights MN 55076
2 beds, 2 baths, 1,374 sqft
8334 Delaney Dr is a 2 beds, 2 baths, 1,374 sqft townhouse home for sale at $255,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,575/mo and returns -$418/mo a month at a 4.7% 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
- $1,575/mo
- Monthly cash flow
- -$418/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.8%
- Max offer
- $161,000
Offer ≤ $161,000 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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