For saleTownhouse
$210,000
5942 Fernwood St
Shoreview MN 55126
2 beds, 1 bath, 1,256 sqft
5942 Fernwood St is a 2 beds, 1 bath, 1,256 sqft townhouse home for sale at $210,000 in Shoreview MN 55126. At 20% down it rents for an estimated $1,950/mo and returns $199/mo a month at a 7.8% 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
- $1,950/mo
- Monthly cash flow
- $199/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $199,500
Offer ≤ $199,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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