For saleTownhouse
$159,900
820 9th St
Farmington MN 55024
2 beds, 2 baths, 1,094 sqft
820 9th St is a 2 beds, 2 baths, 1,094 sqft townhouse home for sale at $159,900 in Farmington MN 55024. At 20% down it rents for an estimated $1,800/mo and returns $332/mo a month at a 9.2% 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
- $1,800/mo
- Monthly cash flow
- $332/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.5%
- Max offer
- $159,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading