For saleTownhouse

$300,000

6440 64th St NE

Albertville MN 55301

3 beds, 2.5 baths, 1,579 sqft

6440 64th St NE is a 3 beds, 2.5 baths, 1,579 sqft townhouse home for sale at $300,000 in Albertville MN 55301. At 20% down it rents for an estimated $2,550/mo and returns $243/mo a month at a 7.5% 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
$2,550/mo
Monthly cash flow
$243/mo
Cap rate
7.5%
Cash-on-cash
4.9%
Max offer
$280,000

Offer ≤ $280,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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