For saleTownhouse

$274,900

11109 Frankfort Pkwy NE

Saint Michael MN 55376

4 beds, 2 baths, 1,926 sqft

11109 Frankfort Pkwy NE is a 4 beds, 2 baths, 1,926 sqft townhouse home for sale at $274,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,750/mo and returns $625/mo a month at a 9.2% 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
$2,750/mo
Monthly cash flow
$625/mo
Cap rate
9.2%
Cash-on-cash
13.6%
Max offer
$274,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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