For saleTownhouse
$357,990
4789 Airlake Dr
Woodbury MN 55129
3 beds, 2.5 baths, 1,883 sqft
4789 Airlake Dr is a 3 beds, 2.5 baths, 1,883 sqft townhouse home for sale at $357,990 in Woodbury MN 55129. At 20% down it rents for an estimated $2,600/mo and returns -$61/mo a month at a 6.5% 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
- $2,600/mo
- Monthly cash flow
- -$61/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -1.0%
- Max offer
- $291,000
Offer ≤ $291,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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