For saleTownhouse
$214,900
8639 Quarry Ridge Ln Unit I
Woodbury MN 55125
2 beds, 1.5 baths, 1,166 sqft
8639 Quarry Ridge Ln Unit I is a 2 beds, 1.5 baths, 1,166 sqft townhouse home for sale at $214,900 in Woodbury MN 55125. At 20% down it rents for an estimated $2,000/mo and returns $274/mo a month at a 8.2% 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
- $2,000/mo
- Monthly cash flow
- $274/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.7%
- Max offer
- $213,000
Offer ≤ $213,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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