For saleTownhouse

$299,000

13876 Flay Ave N

Hugo MN 55038

3 beds, 2.5 baths, 1,460 sqft

13876 Flay Ave N is a 3 beds, 2.5 baths, 1,460 sqft townhouse home for sale at $299,000 in Hugo MN 55038. At 20% down it rents for an estimated $2,250/mo and returns $52/mo a month at a 6.7% 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
$52/mo
Cap rate
6.7%
Cash-on-cash
1.0%
Max offer
$255,000

Offer ≤ $255,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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