For saleTownhouse
$350,000
3218 Old Highway 8
Saint Anthony MN 55418
3 beds, 2 baths, 1,787 sqft
3218 Old Highway 8 is a 3 beds, 2 baths, 1,787 sqft townhouse home for sale at $350,000 in Saint Anthony MN 55418. At 20% down it rents for an estimated $1,775/mo and returns -$883/mo a month at a 3.6% 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
- $1,775/mo
- Monthly cash flow
- -$883/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.1%
- Max offer
- $182,500
Offer ≤ $182,500 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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