For saleTownhouse

$337,990

22144 Harvest Ave

Rogers MN 55374

3 beds, 2.5 baths, 2,020 sqft

22144 Harvest Ave is a 3 beds, 2.5 baths, 2,020 sqft townhouse home for sale at $337,990 in Rogers MN 55374. At 20% down it rents for an estimated $2,450/mo and returns -$78/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
$2,450/mo
Monthly cash flow
-$78/mo
Cap rate
6.4%
Cash-on-cash
-1.4%
Max offer
$272,500

Offer ≤ $272,500 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading