For saleTownhouse
$249,900
4887 Bivens Ct Unit 9706
Inver Grove Heights MN 55076
2 beds, 2 baths, 1,379 sqft
4887 Bivens Ct Unit 9706 is a 2 beds, 2 baths, 1,379 sqft townhouse home for sale at $249,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,400/mo and returns -$674/mo a month at a 3.4% 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
- $1,400/mo
- Monthly cash flow
- -$674/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.2%
- Max offer
- $125,000
Offer ≤ $125,000 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading