For saleTownhouse

$214,800

5459 185th St W

Farmington MN 55024

2 beds, 1.5 baths, 1,376 sqft

5459 185th St W is a 2 beds, 1.5 baths, 1,376 sqft townhouse home for sale at $214,800 in Farmington MN 55024. At 20% down it rents for an estimated $2,000/mo and returns $217/mo a month at a 7.7% 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
$2,000/mo
Monthly cash flow
$217/mo
Cap rate
7.7%
Cash-on-cash
6.1%
Max offer
$206,000

Offer ≤ $206,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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