For saleTownhouse

$249,900

625 Mariner Way Unit 87

Woodbury MN 55129

2 beds, 1.5 baths, 1,365 sqft

625 Mariner Way Unit 87 is a 2 beds, 1.5 baths, 1,365 sqft townhouse home for sale at $249,900 in Woodbury MN 55129. At 20% down it rents for an estimated $2,100/mo and returns $132/mo a month at a 7.1% 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
$2,100/mo
Monthly cash flow
$132/mo
Cap rate
7.1%
Cash-on-cash
3.2%
Max offer
$224,000

Offer ≤ $224,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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