For saleTownhouse

$304,900

10664 Ironwood Ct

Woodbury MN 55129

3 beds, 2 baths, 1,634 sqft

10664 Ironwood Ct is a 3 beds, 2 baths, 1,634 sqft townhouse home for sale at $304,900 in Woodbury MN 55129. At 20% down it rents for an estimated $2,650/mo and returns $213/mo a month at a 7.5% 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
$2,650/mo
Monthly cash flow
$213/mo
Cap rate
7.5%
Cash-on-cash
4.2%
Max offer
$280,500

Offer ≤ $280,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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