For saleTownhouse
$274,900
987 Hillwind Rd NE
Fridley MN 55432
3 beds, 2 baths, 1,589 sqft
987 Hillwind Rd NE is a 3 beds, 2 baths, 1,589 sqft townhouse home for sale at $274,900 in Fridley MN 55432. At 20% down it rents for an estimated $1,900/mo and returns -$376/mo a month at a 5.0% 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
- $1,900/mo
- Monthly cash flow
- -$376/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.2%
- Max offer
- $182,500
Offer ≤ $182,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading