For saleTownhouse

$219,900

14973 Mustang Path Unit 1604

Savage MN 55378

2 beds, 2.5 baths, 1,408 sqft

14973 Mustang Path Unit 1604 is a 2 beds, 2.5 baths, 1,408 sqft townhouse home for sale at $219,900 in Savage MN 55378. At 20% down it rents for an estimated $1,950/mo and returns $22/mo a month at a 6.8% 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
$1,950/mo
Monthly cash flow
$22/mo
Cap rate
6.8%
Cash-on-cash
0.6%
Max offer
$186,000

Offer ≤ $186,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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