For saleTownhouse
$288,900
922 Sherwood Rd
Shoreview MN 55126
2 beds, 2 baths, 1,643 sqft
922 Sherwood Rd is a 2 beds, 2 baths, 1,643 sqft townhouse home for sale at $288,900 in Shoreview MN 55126. At 20% down it rents for an estimated $1,950/mo and returns -$328/mo a month at a 5.3% 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
- $1,950/mo
- Monthly cash flow
- -$328/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.8%
- Max offer
- $200,500
Offer ≤ $200,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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