For saleTownhouse
$280,000
606 Graceview Dr
Saint Joseph MN 56374
3 beds, 3 baths, 2,348 sqft
606 Graceview Dr is a 3 beds, 3 baths, 2,348 sqft townhouse home for sale at $280,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,400/mo and returns $319/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
- $2,400/mo
- Monthly cash flow
- $319/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $273,000
Offer ≤ $273,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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