For saleTownhouse

$265,000

24 River Woods Dr W

Saint Paul Park MN 55071

2 beds, 2 baths, 1,450 sqft

24 River Woods Dr W is a 2 beds, 2 baths, 1,450 sqft townhouse home for sale at $265,000 in Saint Paul Park MN 55071. At 20% down it rents for an estimated $1,750/mo and returns -$318/mo a month at a 5.2% 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
$1,750/mo
Monthly cash flow
-$318/mo
Cap rate
5.2%
Cash-on-cash
-7.2%
Max offer
$181,500

Offer ≤ $181,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading