For saleSingle family
$219,900
2129 49th Way E
Inver Grove Heights MN 55077
2 beds, 1 bath, 928 sqft
2129 49th Way E is a 2 beds, 1 bath, 928 sqft single family home for sale at $219,900 in Inver Grove Heights MN 55077. At 20% down it rents for an estimated $1,525/mo and returns -$45/mo a month at a 6.4% 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
- $1,525/mo
- Monthly cash flow
- -$45/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.2%
- Max offer
- $180,000
Offer ≤ $180,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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