For saleTownhouse

$220,000

561 19th Pl SE

Cambridge MN 55008

3 beds, 2 baths, 1,344 sqft

561 19th Pl SE is a 3 beds, 2 baths, 1,344 sqft townhouse home for sale at $220,000 in Cambridge MN 55008. At 20% down it rents for an estimated $2,300/mo and returns $525/mo a month at a 9.5% 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
$2,300/mo
Monthly cash flow
$525/mo
Cap rate
9.5%
Cash-on-cash
14.3%
Max offer
$220,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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