For saleTownhouse
$295,900
7763 Elm Grove Ct
New Hope MN 55428
4 beds, 3.5 baths, 2,180 sqft
7763 Elm Grove Ct is a 4 beds, 3.5 baths, 2,180 sqft townhouse home for sale at $295,900 in New Hope MN 55428. At 20% down it rents for an estimated $2,675/mo and returns $272/mo a month at a 7.6% 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
- $2,675/mo
- Monthly cash flow
- $272/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 5.5%
- Max offer
- $280,000
Offer ≤ $280,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.