For saleTownhouse
$219,900
3531 Cloman Way
Inver Grove Heights MN 55076
3 beds, 2 baths, 1,256 sqft
3531 Cloman Way is a 3 beds, 2 baths, 1,256 sqft townhouse home for sale at $219,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,150/mo and returns $418/mo a month at a 8.9% 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
- $2,150/mo
- Monthly cash flow
- $418/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.4%
- Max offer
- $219,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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