For saleTownhouse
$309,999
403 Village Pkwy
Circle Pines MN 55014
4 beds, 3 baths, 2,126 sqft
403 Village Pkwy is a 4 beds, 3 baths, 2,126 sqft townhouse home for sale at $309,999 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,525/mo and returns $102/mo a month at a 7.1% 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
- $2,525/mo
- Monthly cash flow
- $102/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.0%
- Max offer
- $271,000
Offer ≤ $271,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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