For saleTownhouse

$270,000

4297 Evergreen Dr

Vadnais Heights MN 55127

3 beds, 2 baths, 2,088 sqft

4297 Evergreen Dr is a 3 beds, 2 baths, 2,088 sqft townhouse home for sale at $270,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,250/mo and returns $185/mo a month at a 7.3% 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
$2,250/mo
Monthly cash flow
$185/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$247,500

Offer ≤ $247,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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