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 $4,500/mo and returns -$133/mo a month at a 6.4% 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
- $4,500/mo
- Monthly cash flow
- -$133/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.2%
- Max offer
- $531,500
Offer ≤ $531,500 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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