For saleTownhouse
$220,000
5221 Robin Ln Unit 179
Farmington MN 55024
2 beds, 1.5 baths, 1,680 sqft
5221 Robin Ln Unit 179 is a 2 beds, 1.5 baths, 1,680 sqft townhouse home for sale at $220,000 in Farmington MN 55024. At 20% down it rents for an estimated $1,825/mo and returns $58/mo a month at a 6.8% 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
- $1,825/mo
- Monthly cash flow
- $58/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.6%
- Max offer
- $190,000
Offer ≤ $190,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.