For saleSingle family
$355,000
5412 188th St W
Farmington MN 55024
4 beds, 2 baths, 1,869 sqft
5412 188th St W is a 4 beds, 2 baths, 1,869 sqft single family home for sale at $355,000 in Farmington MN 55024. At 20% down it rents for an estimated $3,250/mo and returns $716/mo a month at a 9.1% 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
- $3,250/mo
- Monthly cash flow
- $716/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.1%
- Max offer
- $355,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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