For saleTownhouse
$259,900
1879 Lachman Ave NE
Saint Michael MN 55376
3 beds, 2 baths, 1,650 sqft
1879 Lachman Ave NE is a 3 beds, 2 baths, 1,650 sqft townhouse home for sale at $259,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,450/mo and returns $336/mo a month at a 8.1% 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
- $2,450/mo
- Monthly cash flow
- $336/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.8%
- Max offer
- $258,500
Offer ≤ $258,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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