For saleTownhouse

$219,900

20657 Fenston Ave N

Forest Lake MN 55025

2 beds, 1.5 baths, 1,380 sqft

20657 Fenston Ave N is a 2 beds, 1.5 baths, 1,380 sqft townhouse home for sale at $219,900 in Forest Lake MN 55025. At 20% down it rents for an estimated $1,975/mo and returns $207/mo a month at a 7.6% 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
$1,975/mo
Monthly cash flow
$207/mo
Cap rate
7.6%
Cash-on-cash
5.7%
Max offer
$209,000

Offer ≤ $209,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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