For saleTownhouse

$199,900

4821 Elm Dr N Unit 4

Hugo MN 55038

2 beds, 1.5 baths, 913 sqft

4821 Elm Dr N Unit 4 is a 2 beds, 1.5 baths, 913 sqft townhouse home for sale at $199,900 in Hugo MN 55038. At 20% down it rents for an estimated $2,000/mo and returns $343/mo a month at a 8.6% 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
$2,000/mo
Monthly cash flow
$343/mo
Cap rate
8.6%
Cash-on-cash
10.3%
Max offer
$199,900

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

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