For saleSingle family
$329,000
6710 169th St W
Farmington MN 55024
4 beds, 2 baths, 1,822 sqft
6710 169th St W is a 4 beds, 2 baths, 1,822 sqft single family home for sale at $329,000 in Farmington MN 55024. At 20% down it rents for an estimated $2,950/mo and returns $643/mo a month at a 8.9% 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
- $2,950/mo
- Monthly cash flow
- $643/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.7%
- Max offer
- $329,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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