For saleTownhouse
$435,000
1142 Middlefield Rd
Medina MN 55340
3 beds, 3 baths, 1,804 sqft
1142 Middlefield Rd is a 3 beds, 3 baths, 1,804 sqft townhouse home for sale at $435,000 in Medina MN 55340. At 20% down it rents for an estimated $2,400/mo and returns -$805/mo a month at a 4.4% 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
- $2,400/mo
- Monthly cash flow
- -$805/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.1%
- Max offer
- $263,000
Offer ≤ $263,000 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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