For saleSingle family

$370,000

18270 Emerald Trl

Farmington MN 55024

4 beds, 2 baths, 1,848 sqft

18270 Emerald Trl is a 4 beds, 2 baths, 1,848 sqft single family home for sale at $370,000 in Farmington MN 55024. At 20% down it rents for an estimated $2,925/mo and returns $330/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
$2,925/mo
Monthly cash flow
$330/mo
Cap rate
7.6%
Cash-on-cash
5.4%
Max offer
$350,000

Offer ≤ $350,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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