For saleTownhouse

$259,000

10515 64th Ln NE

Albertville MN 55301

2 beds, 2 baths, 1,832 sqft

10515 64th Ln NE is a 2 beds, 2 baths, 1,832 sqft townhouse home for sale at $259,000 in Albertville MN 55301. At 20% down it rents for an estimated $2,025/mo and returns -$53/mo a month at a 6.4% 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
$2,025/mo
Monthly cash flow
-$53/mo
Cap rate
6.4%
Cash-on-cash
-1.2%
Max offer
$209,500

Offer ≤ $209,500 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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