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 $1,925/mo and returns $115/mo a month at a 7.3% 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
- $115/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $193,500
Offer ≤ $193,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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