Pending saleTownhouse
$365,000
2520 Claremont Dr Unit 17
Mendota Heights MN 55120
2 beds, 2 baths, 1,417 sqft
2520 Claremont Dr Unit 17 is a 2 beds, 2 baths, 1,417 sqft townhouse home pending sale at $365,000 in Mendota Heights MN 55120. At 20% down it rents for an estimated $1,600/mo and returns -$1,153/mo a month at a 2.9% 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
- $1,600/mo
- Monthly cash flow
- -$1,153/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -19.0%
- Max offer
- $161,500
Offer ≤ $161,500 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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