For saleTownhouse
$299,900
4360 Empress Dr N Unit 1
Hugo MN 55038
3 beds, 2.5 baths, 1,716 sqft
4360 Empress Dr N Unit 1 is a 3 beds, 2.5 baths, 1,716 sqft townhouse home for sale at $299,900 in Hugo MN 55038. At 20% down it rents for an estimated $2,525/mo and returns $175/mo a month at a 7.4% 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
- $2,525/mo
- Monthly cash flow
- $175/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.5%
- Max offer
- $271,500
Offer ≤ $271,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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