For saleTownhouse
$439,900
1053 Royal Ct
Shoreview MN 55126
2 beds, 2 baths, 1,816 sqft
1053 Royal Ct is a 2 beds, 2 baths, 1,816 sqft townhouse home for sale at $439,900 in Shoreview MN 55126. At 20% down it rents for an estimated $1,825/mo and returns -$1,420/mo a month at a 2.8% 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
- $1,825/mo
- Monthly cash flow
- -$1,420/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.4%
- Max offer
- $191,000
Offer ≤ $191,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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