For saleTownhouse
$610,000
7204 Fairway Ln
Breezy Point MN 56472
3 beds, 2 baths, 1,971 sqft
7204 Fairway Ln is a 3 beds, 2 baths, 1,971 sqft townhouse home for sale at $610,000 in Breezy Point MN 56472. At 20% down it rents for an estimated $2,400/mo and returns -$2,105/mo a month at a 2.5% 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
- $2,400/mo
- Monthly cash flow
- -$2,105/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.7%
- Max offer
- $248,000
Offer ≤ $248,000 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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