For saleTownhouse

$265,000

9815 Hamlet Ln S

Cottage Grove MN 55016

3 beds, 2.5 baths, 1,900 sqft

9815 Hamlet Ln S is a 3 beds, 2.5 baths, 1,900 sqft townhouse home for sale at $265,000 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,400/mo and returns $362/mo a month at a 8.2% 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
$2,400/mo
Monthly cash flow
$362/mo
Cap rate
8.2%
Cash-on-cash
8.2%
Max offer
$265,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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