For saleTownhouse
$189,900
3297 Lower 67th St E
Inver Grove Heights MN 55076
2 beds, 1 bath, 962 sqft
3297 Lower 67th St E is a 2 beds, 1 bath, 962 sqft townhouse home for sale at $189,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,525/mo and returns -$59/mo a month at a 6.3% 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
- $1,525/mo
- Monthly cash flow
- -$59/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.9%
- Max offer
- $151,000
Offer ≤ $151,000 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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