For saleTownhouse
$324,900
621 Village Pkwy
Circle Pines MN 55014
3 beds, 3 baths, 1,968 sqft
621 Village Pkwy is a 3 beds, 3 baths, 1,968 sqft townhouse home for sale at $324,900 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,250/mo and returns -$272/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
- $2,250/mo
- Monthly cash flow
- -$272/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -5.0%
- Max offer
- $237,000
Offer ≤ $237,000 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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