For saleTownhouse
$415,000
920 Evergreen Ct
Vadnais Heights MN 55127
2 beds, 2 baths, 1,731 sqft
920 Evergreen Ct is a 2 beds, 2 baths, 1,731 sqft townhouse home for sale at $415,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,000/mo and returns -$1,062/mo a month at a 3.6% 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
- $2,000/mo
- Monthly cash flow
- -$1,062/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.4%
- Max offer
- $214,500
Offer ≤ $214,500 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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