For saleTownhouse
$450,000
6969 Archer Ct
Inver Grove Heights MN 55077
3 beds, 4 baths, 2,433 sqft
6969 Archer Ct is a 3 beds, 4 baths, 2,433 sqft townhouse home for sale at $450,000 in Inver Grove Heights MN 55077. At 20% down it rents for an estimated $2,150/mo and returns -$1,146/mo a month at a 3.6% 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
- $2,150/mo
- Monthly cash flow
- -$1,146/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.3%
- Max offer
- $233,500
Offer ≤ $233,500 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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