For saleTownhouse

$640,000

189 Stonebridge Ct

Mendota Heights MN 55118

3 beds, 3 baths, 2,018 sqft

189 Stonebridge Ct is a 3 beds, 3 baths, 2,018 sqft townhouse home for sale at $640,000 in Mendota Heights MN 55118. At 20% down it rents for an estimated $1,750/mo and returns -$3,455/mo a month at a 0.2% 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
$1,750/mo
Monthly cash flow
-$3,455/mo
Cap rate
0.2%
Cash-on-cash
-32.4%
Max offer
$105,000

Offer ≤ $105,000 (84% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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