For saleTownhouse
$207,900
4821 Elm Dr N Unit 3
Hugo MN 55038
2 beds, 1.5 baths, 923 sqft
4821 Elm Dr N Unit 3 is a 2 beds, 1.5 baths, 923 sqft townhouse home for sale at $207,900 in Hugo MN 55038. At 20% down it rents for an estimated $2,100/mo and returns $364/mo a month at a 8.8% 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
- $2,100/mo
- Monthly cash flow
- $364/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.5%
- Max offer
- $207,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading