For saleTownhouse
$229,000
937 14th Ln SE
Cambridge MN 55008
2 beds, 2 baths, 1,711 sqft
937 14th Ln SE is a 2 beds, 2 baths, 1,711 sqft townhouse home for sale at $229,000 in Cambridge MN 55008. At 20% down it rents for an estimated $2,000/mo and returns $193/mo a month at a 7.7% 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
- $2,000/mo
- Monthly cash flow
- $193/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.1%
- Max offer
- $215,000
Offer ≤ $215,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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