For saleTownhouse
$229,999
6417 207th St N
Forest Lake MN 55025
3 beds, 1.5 baths, 1,300 sqft
6417 207th St N is a 3 beds, 1.5 baths, 1,300 sqft townhouse home for sale at $229,999 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,225/mo and returns $353/mo a month at a 8.5% 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
- $2,225/mo
- Monthly cash flow
- $353/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.2%
- Max offer
- $229,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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