For saleTownhouse
$265,000
8588 Brinkley Ln
Inver Grove Heights MN 55076
2 beds, 2 baths, 1,260 sqft
8588 Brinkley Ln is a 2 beds, 2 baths, 1,260 sqft townhouse home for sale at $265,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,600/mo and returns -$545/mo a month at a 4.2% 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
- -$545/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.3%
- Max offer
- $153,500
Offer ≤ $153,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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