For saleTownhouse

$285,000

1322 Cottage Dr

Stillwater MN 55082

3 beds, 2 baths, 1,620 sqft

1322 Cottage Dr is a 3 beds, 2 baths, 1,620 sqft townhouse home for sale at $285,000 in Stillwater MN 55082. At 20% down it rents for an estimated $2,400/mo and returns $253/mo a month at a 7.6% 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
$2,400/mo
Monthly cash flow
$253/mo
Cap rate
7.6%
Cash-on-cash
5.3%
Max offer
$268,500

Offer ≤ $268,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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