For saleTownhouse
$880,875
87 Spring Farm Rd
North Oaks MN 55127
3 beds, 2.5 baths, 2,824 sqft
87 Spring Farm Rd is a 3 beds, 2.5 baths, 2,824 sqft townhouse home for sale at $880,875 in North Oaks MN 55127. At 20% down it rents for an estimated $2,225/mo and returns -$4,256/mo a month at a 0.9% 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
- $2,225/mo
- Monthly cash flow
- -$4,256/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -29.0%
- Max offer
- $207,500
Offer ≤ $207,500 (76% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading