For saleTownhouse
$225,000
1016 Honeysuckle Ln SE
Cambridge MN 55008
2 beds, 2 baths, 1,624 sqft
1016 Honeysuckle Ln SE is a 2 beds, 2 baths, 1,624 sqft townhouse home for sale at $225,000 in Cambridge MN 55008. At 20% down it rents for an estimated $2,000/mo and returns $212/mo a month at a 7.8% 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
- $2,000/mo
- Monthly cash flow
- $212/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $214,000
Offer ≤ $214,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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