For saleTownhouse
$229,900
13435 Europa Ct N Unit 1
Hugo MN 55038
2 beds, 2 baths, 1,590 sqft
13435 Europa Ct N Unit 1 is a 2 beds, 2 baths, 1,590 sqft townhouse home for sale at $229,900 in Hugo MN 55038. At 20% down it rents for an estimated $2,100/mo and returns $217/mo a month at a 7.8% 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
- $2,100/mo
- Monthly cash flow
- $217/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $218,500
Offer ≤ $218,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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