For saleTownhouse

$265,000

292 Tamarack Trl Unit 808

Farmington MN 55024

3 beds, 1.5 baths, 1,638 sqft

292 Tamarack Trl Unit 808 is a 3 beds, 1.5 baths, 1,638 sqft townhouse home for sale at $265,000 in Farmington MN 55024. At 20% down it rents for an estimated $2,300/mo and returns $330/mo a month at a 8.0% 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
$2,300/mo
Monthly cash flow
$330/mo
Cap rate
8.0%
Cash-on-cash
7.5%
Max offer
$262,000

Offer ≤ $262,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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