For saleTownhouse

$260,000

8771 Branson Dr Unit 80

Inver Grove Heights MN 55076

2 beds, 1.5 baths, 1,260 sqft

8771 Branson Dr Unit 80 is a 2 beds, 1.5 baths, 1,260 sqft townhouse home for sale at $260,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,600/mo and returns -$512/mo a month at a 4.3% 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
$1,600/mo
Monthly cash flow
-$512/mo
Cap rate
4.3%
Cash-on-cash
-11.8%
Max offer
$153,500

Offer ≤ $153,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading