For saleTownhouse
$250,000
523 Gooseberry Ln
Dundas MN 55019
3 beds, 2 baths, 1,422 sqft
523 Gooseberry Ln is a 3 beds, 2 baths, 1,422 sqft townhouse home for sale at $250,000 in Dundas MN 55019. At 20% down it rents for an estimated $2,125/mo and returns $115/mo a month at a 7.2% 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
- $2,125/mo
- Monthly cash flow
- $115/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.8%
- Max offer
- $222,500
Offer ≤ $222,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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