For saleTownhouse
$300,000
8575 Corcoran Path
Inver Grove Heights MN 55076
2 beds, 2 baths, 1,399 sqft
8575 Corcoran Path is a 2 beds, 2 baths, 1,399 sqft townhouse home for sale at $300,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,525/mo and returns -$882/mo a month at a 3.1% 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
- $1,525/mo
- Monthly cash flow
- -$882/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.6%
- Max offer
- $141,000
Offer ≤ $141,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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