For saleTownhouse
$260,000
9823 Hamlet Ln S
Cottage Grove MN 55016
3 beds, 3 baths, 1,925 sqft
9823 Hamlet Ln S is a 3 beds, 3 baths, 1,925 sqft townhouse home for sale at $260,000 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,425/mo and returns $387/mo a month at a 8.5% 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
- $2,425/mo
- Monthly cash flow
- $387/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 8.9%
- Max offer
- $260,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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