For saleTownhouse
$310,000
15150 Fanning Dr N
Hugo MN 55038
4 beds, 2.5 baths, 1,982 sqft
15150 Fanning Dr N is a 4 beds, 2.5 baths, 1,982 sqft townhouse home for sale at $310,000 in Hugo MN 55038. At 20% down it rents for an estimated $2,900/mo and returns $479/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
- $2,900/mo
- Monthly cash flow
- $479/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.3%
- Max offer
- $310,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading