For saleTownhouse

$240,000

10546 64th Ln NE

Albertville MN 55301

3 beds, 1.5 baths, 1,624 sqft

10546 64th Ln NE is a 3 beds, 1.5 baths, 1,624 sqft townhouse home for sale at $240,000 in Albertville MN 55301. At 20% down it rents for an estimated $2,300/mo and returns $349/mo a month at a 8.4% 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
$2,300/mo
Monthly cash flow
$349/mo
Cap rate
8.4%
Cash-on-cash
8.7%
Max offer
$240,000

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

Loading