For saleTownhouse

$209,000

4961 Emmit Dr N Unit 3

Hugo MN 55038

2 beds, 1.5 baths, 800 sqft

4961 Emmit Dr N Unit 3 is a 2 beds, 1.5 baths, 800 sqft townhouse home for sale at $209,000 in Hugo MN 55038. At 20% down it rents for an estimated $2,000/mo and returns $330/mo a month at a 8.4% 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
$330/mo
Cap rate
8.4%
Cash-on-cash
9.5%
Max offer
$209,000

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

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