For saleTownhouse

$319,000

1059 Drew Dr

Woodbury MN 55129

3 beds, 2 baths, 1,540 sqft

1059 Drew Dr is a 3 beds, 2 baths, 1,540 sqft townhouse home for sale at $319,000 in Woodbury MN 55129. At 20% down it rents for an estimated $3,000/mo and returns $482/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
$3,000/mo
Monthly cash flow
$482/mo
Cap rate
8.5%
Cash-on-cash
9.1%
Max offer
$319,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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