For saleTownhouse
$275,000
6333 Palamino Pl
Forest Lake MN 55025
4 beds, 4 baths, 2,124 sqft
6333 Palamino Pl is a 4 beds, 4 baths, 2,124 sqft townhouse home for sale at $275,000 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,425/mo and returns $252/mo a month at a 7.8% 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
- $2,425/mo
- Monthly cash flow
- $252/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.5%
- Max offer
- $260,500
Offer ≤ $260,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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