For saleTownhouse
$269,900
7010 Jorgensen Ln S
Cottage Grove MN 55016
3 beds, 1 bath, 1,434 sqft
7010 Jorgensen Ln S is a 3 beds, 1 bath, 1,434 sqft townhouse home for sale at $269,900 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,600/mo and returns $545/mo a month at a 9.1% 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
- $2,600/mo
- Monthly cash flow
- $545/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.1%
- Max offer
- $269,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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