For saleTownhouse
$209,900
1096 Carmel Ct
Shoreview MN 55126
2 beds, 1 bath, 906 sqft
1096 Carmel Ct is a 2 beds, 1 bath, 906 sqft townhouse home for sale at $209,900 in Shoreview MN 55126. At 20% down it rents for an estimated $1,950/mo and returns $354/mo a month at a 8.7% 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
- $1,950/mo
- Monthly cash flow
- $354/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.1%
- Max offer
- $209,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading