For saleTownhouse
$279,900
6822 Benton Cir Unit 37
Inver Grove Heights MN 55076
2 beds, 1.5 baths, 1,325 sqft
6822 Benton Cir Unit 37 is a 2 beds, 1.5 baths, 1,325 sqft townhouse home for sale at $279,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,925/mo and returns -$283/mo a month at a 5.5% 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
- $1,925/mo
- Monthly cash flow
- -$283/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -6.1%
- Max offer
- $198,500
Offer ≤ $198,500 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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