For saleTownhouse

$385,000

6924 Huckleberry Dr

Excelsior MN 55331

3 beds, 2.5 baths, 1,932 sqft

6924 Huckleberry Dr is a 3 beds, 2.5 baths, 1,932 sqft townhouse home for sale at $385,000 in Excelsior MN 55331. At 20% down it rents for an estimated $3,600/mo and returns $673/mo a month at a 8.8% 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
$3,600/mo
Monthly cash flow
$673/mo
Cap rate
8.8%
Cash-on-cash
10.5%
Max offer
$385,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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