For saleTownhouse

$239,000

6766 Meadow Grass Ln S

Cottage Grove MN 55016

2 beds, 1.5 baths, 1,525 sqft

6766 Meadow Grass Ln S is a 2 beds, 1.5 baths, 1,525 sqft townhouse home for sale at $239,000 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,075/mo and returns $162/mo a month at a 7.3% 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
$2,075/mo
Monthly cash flow
$162/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$219,000

Offer ≤ $219,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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