For saleTownhouse
$244,900
2220 Mayfair Rd
Golden Valley MN 55427
3 beds, 3 baths, 1,360 sqft
2220 Mayfair Rd is a 3 beds, 3 baths, 1,360 sqft townhouse home for sale at $244,900 in Golden Valley MN 55427. At 20% down it rents for an estimated $1,900/mo and returns -$204/mo a month at a 5.7% 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
- $1,900/mo
- Monthly cash flow
- -$204/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -5.0%
- Max offer
- $179,000
Offer ≤ $179,000 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading