For saleTownhouse
$309,900
4135 Shirlee Ln S
Shoreview MN 55126
3 beds, 2 baths, 1,668 sqft
4135 Shirlee Ln S is a 3 beds, 2 baths, 1,668 sqft townhouse home for sale at $309,900 in Shoreview MN 55126. At 20% down it rents for an estimated $2,175/mo and returns -$207/mo a month at a 5.9% 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
- $2,175/mo
- Monthly cash flow
- -$207/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -4.0%
- Max offer
- $232,500
Offer ≤ $232,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading