For saleTownhouse
$630,000
2607 Cascade Ln
Orono MN 55356
2 beds, 3.5 baths, 2,418 sqft
2607 Cascade Ln is a 2 beds, 3.5 baths, 2,418 sqft townhouse home for sale at $630,000 in Orono MN 55356. At 20% down it rents for an estimated $1,675/mo and returns -$2,972/mo a month at a 1.0% 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
- $1,675/mo
- Monthly cash flow
- -$2,972/mo
- Cap rate
- 1.0%
- Cash-on-cash
- -28.3%
- Max offer
- $157,500
Offer ≤ $157,500 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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