For saleTownhouse
$300,000
4470 Rosemary Way Unit 8
Hugo MN 55038
2 beds, 3 baths, 1,781 sqft
4470 Rosemary Way Unit 8 is a 2 beds, 3 baths, 1,781 sqft townhouse home for sale at $300,000 in Hugo MN 55038. At 20% down it rents for an estimated $2,250/mo and returns -$154/mo a month at a 6.0% 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
- $2,250/mo
- Monthly cash flow
- -$154/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.1%
- Max offer
- $231,000
Offer ≤ $231,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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