For saleSingle family
$539,990
6684 209th St W
Farmington MN 55024
4 beds, 3 baths, 2,323 sqft
6684 209th St W is a 4 beds, 3 baths, 2,323 sqft single family home for sale at $539,990 in Farmington MN 55024. At 20% down it rents for an estimated $2,800/mo and returns -$1,055/mo a month at a 4.3% 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
- $2,800/mo
- Monthly cash flow
- -$1,055/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.7%
- Max offer
- $331,500
Offer ≤ $331,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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