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 $2,350/mo and returns $37/mo a month at a 6.7% 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
$2,350/mo
Monthly cash flow
$37/mo
Cap rate
6.7%
Cash-on-cash
0.7%
Max offer
$254,000

Offer ≤ $254,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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