For saleTownhouse

$315,000

5237 207th St N

Forest Lake MN 55025

4 beds, 2.5 baths, 1,863 sqft

5237 207th St N is a 4 beds, 2.5 baths, 1,863 sqft townhouse home for sale at $315,000 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,800/mo and returns $399/mo a month at a 8.0% 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
$2,800/mo
Monthly cash flow
$399/mo
Cap rate
8.0%
Cash-on-cash
7.6%
Max offer
$312,000

Offer ≤ $312,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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