For saleTownhouse
$384,900
1226 Vernon Dr
Carver MN 55315
4 beds, 4 baths, 2,528 sqft
1226 Vernon Dr is a 4 beds, 4 baths, 2,528 sqft townhouse home for sale at $384,900 in Carver MN 55315. At 20% down it rents for an estimated $3,200/mo and returns $234/mo a month at a 7.4% 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
- $3,200/mo
- Monthly cash flow
- $234/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.6%
- Max offer
- $350,000
Offer ≤ $350,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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