For saleTownhouse

$250,000

223 Primrose Ct

Vadnais Heights MN 55127

2 beds, 2 baths, 1,337 sqft

223 Primrose Ct is a 2 beds, 2 baths, 1,337 sqft townhouse home for sale at $250,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,200/mo and returns $171/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
$2,200/mo
Monthly cash flow
$171/mo
Cap rate
7.5%
Cash-on-cash
4.1%
Max offer
$229,500

Offer ≤ $229,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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