For saleTownhouse
$255,000
15588 Emerald Dr N Unit 6
Hugo MN 55038
2 beds, 2.5 baths, 1,327 sqft
15588 Emerald Dr N Unit 6 is a 2 beds, 2.5 baths, 1,327 sqft townhouse home for sale at $255,000 in Hugo MN 55038. At 20% down it rents for an estimated $2,250/mo and returns $222/mo a month at a 7.7% 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
- $2,250/mo
- Monthly cash flow
- $222/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.2%
- Max offer
- $240,000
Offer ≤ $240,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading