For saleTownhouse
$250,000
1032 1st St
Farmington MN 55024
3 beds, 2 baths, 1,438 sqft
1032 1st St is a 3 beds, 2 baths, 1,438 sqft townhouse home for sale at $250,000 in Farmington MN 55024. At 20% down it rents for an estimated $2,300/mo and returns $395/mo a month at a 8.4% 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
- $395/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.5%
- Max offer
- $250,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.