For saleTownhouse
$866,305
48 Spring Farm Rd
North Oaks MN 55127
3 beds, 3 baths, 2,096 sqft
48 Spring Farm Rd is a 3 beds, 3 baths, 2,096 sqft townhouse home for sale at $866,305 in North Oaks MN 55127. At 20% down it rents for an estimated $2,450/mo and returns -$3,933/mo a month at a 1.2% 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
- $2,450/mo
- Monthly cash flow
- -$3,933/mo
- Cap rate
- 1.2%
- Cash-on-cash
- -27.2%
- Max offer
- $235,500
Offer ≤ $235,500 (73% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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