For saleTownhouse

$285,000

10390 64th St NE

Albertville MN 55301

3 beds, 2 baths, 1,966 sqft

10390 64th St NE is a 3 beds, 2 baths, 1,966 sqft townhouse home for sale at $285,000 in Albertville MN 55301. At 20% down it rents for an estimated $2,550/mo and returns $344/mo a month at a 8.0% 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
$2,550/mo
Monthly cash flow
$344/mo
Cap rate
8.0%
Cash-on-cash
7.2%
Max offer
$280,000

Offer ≤ $280,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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