For saleTownhouse
$369,990
6277 Ivywood Ave S
Cottage Grove MN 55016
4 beds, 3 baths, 2,011 sqft
6277 Ivywood Ave S is a 4 beds, 3 baths, 2,011 sqft townhouse home for sale at $369,990 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,900/mo and returns $172/mo a month at a 7.2% 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
- $2,900/mo
- Monthly cash flow
- $172/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.8%
- Max offer
- $330,000
Offer ≤ $330,000 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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