For saleTownhouse
$290,000
4164 Shirlee Ln S
Shoreview MN 55126
2 beds, 2 baths, 1,509 sqft
4164 Shirlee Ln S is a 2 beds, 2 baths, 1,509 sqft townhouse home for sale at $290,000 in Shoreview MN 55126. At 20% down it rents for an estimated $1,950/mo and returns -$299/mo a month at a 5.4% 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
- $1,950/mo
- Monthly cash flow
- -$299/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.2%
- Max offer
- $205,000
Offer ≤ $205,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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