For saleTownhouse
$289,900
5132 Farnham Dr N
Hugo MN 55038
3 beds, 2 baths, 1,575 sqft
5132 Farnham Dr N is a 3 beds, 2 baths, 1,575 sqft townhouse home for sale at $289,900 in Hugo MN 55038. At 20% down it rents for an estimated $2,350/mo and returns $63/mo a month at a 6.9% 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
- $2,350/mo
- Monthly cash flow
- $63/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.3%
- Max offer
- $249,500
Offer ≤ $249,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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