For saleTownhouse

$299,900

3601 Heidelberg Ln

Saint Bonifacius MN 55375

3 beds, 2 baths, 1,186 sqft

3601 Heidelberg Ln is a 3 beds, 2 baths, 1,186 sqft townhouse home for sale at $299,900 in Saint Bonifacius MN 55375. At 20% down it rents for an estimated $2,625/mo and returns $382/mo a month at a 8.2% 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
$2,625/mo
Monthly cash flow
$382/mo
Cap rate
8.2%
Cash-on-cash
7.6%
Max offer
$297,500

Offer ≤ $297,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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