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 $1,925/mo and returns $130/mo a month at a 7.4% 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
- $1,925/mo
- Monthly cash flow
- $130/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.6%
- Max offer
- $199,500
Offer ≤ $199,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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