For saleTownhouse

$289,000

3629 Vermilion Ct N Unit 1106

Eagan MN 55122

2 beds, 2 baths, 1,398 sqft

3629 Vermilion Ct N Unit 1106 is a 2 beds, 2 baths, 1,398 sqft townhouse home for sale at $289,000 in Eagan MN 55122. At 20% down it rents for an estimated $1,600/mo and returns -$686/mo a month at a 3.8% 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
$1,600/mo
Monthly cash flow
-$686/mo
Cap rate
3.8%
Cash-on-cash
-14.2%
Max offer
$156,000

Offer ≤ $156,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading