For saleTownhouse

$229,900

8944 Pheasant Ln

Saint Bonifacius MN 55375

2 beds, 1.5 baths, 1,408 sqft

8944 Pheasant Ln is a 2 beds, 1.5 baths, 1,408 sqft townhouse home for sale at $229,900 in Saint Bonifacius MN 55375. At 20% down it rents for an estimated $2,550/mo and returns $694/mo a month at a 10.3% 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
$2,550/mo
Monthly cash flow
$694/mo
Cap rate
10.3%
Cash-on-cash
18.1%
Max offer
$229,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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