For saleMulti-family
$649,000
725 Robinwood Ln
Hopkins MN 55305
6 beds, 3 baths, 2,054 sqft
725 Robinwood Ln is a 6 beds, 3 baths, 2,054 sqft multi-family home for sale at $649,000 in Hopkins MN 55305. At 20% down it rents for an estimated $5,350/mo and returns $798/mo a month at a 8.0% 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
- $5,350/mo
- Monthly cash flow
- $798/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 7.4%
- Max offer
- $640,500
Offer ≤ $640,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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