Pending saleTownhouse
$264,900
217 Clubhouse Dr NE
Stewartville MN 55976
2 beds, 1 bath, 1,128 sqft
217 Clubhouse Dr NE is a 2 beds, 1 bath, 1,128 sqft townhouse home pending sale at $264,900 in Stewartville MN 55976. At 20% down it rents for an estimated $1,375/mo and returns -$402/mo a month at a 4.8% 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
- $1,375/mo
- Monthly cash flow
- -$402/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.1%
- Max offer
- $171,000
Offer ≤ $171,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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