For saleTownhouse
$387,990
19210 Goldenrod Trl
Corcoran MN 55340
3 beds, 3 baths, 1,883 sqft
19210 Goldenrod Trl is a 3 beds, 3 baths, 1,883 sqft townhouse home for sale at $387,990 in Corcoran MN 55340. At 20% down it rents for an estimated $2,400/mo and returns -$484/mo a month at a 5.2% 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
- $2,400/mo
- Monthly cash flow
- -$484/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.5%
- Max offer
- $263,500
Offer ≤ $263,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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