For saleTownhouse
$359,841
3074 Basswood St
Little Canada MN 55117
3 beds, 3 baths, 1,800 sqft
3074 Basswood St is a 3 beds, 3 baths, 1,800 sqft townhouse home for sale at $359,841 in Little Canada MN 55117. At 20% down it rents for an estimated $2,250/mo and returns -$397/mo a month at a 5.3% 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
- $2,250/mo
- Monthly cash flow
- -$397/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.6%
- Max offer
- $251,000
Offer ≤ $251,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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