For saleTownhouse
$345,000
6721 Hinterland Trl S
Cottage Grove MN 55016
3 beds, 2.5 baths, 1,687 sqft
6721 Hinterland Trl S is a 3 beds, 2.5 baths, 1,687 sqft townhouse home for sale at $345,000 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,425/mo and returns -$216/mo a month at a 5.9% 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
- $2,425/mo
- Monthly cash flow
- -$216/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.8%
- Max offer
- $261,000
Offer ≤ $261,000 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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