For saleTownhouse
$367,990
6279 Ivywood Ave S
Cottage Grove MN 55016
3 beds, 3 baths, 1,883 sqft
6279 Ivywood Ave S is a 3 beds, 3 baths, 1,883 sqft townhouse home for sale at $367,990 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,600/mo and returns -$114/mo a month at a 6.3% 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
- -$114/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.9%
- Max offer
- $293,000
Offer ≤ $293,000 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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