For saleSingle family
$449,990
6633 208th St W
Farmington MN 55024
3 beds, 3 baths, 1,842 sqft
6633 208th St W is a 3 beds, 3 baths, 1,842 sqft single family home for sale at $449,990 in Farmington MN 55024. At 20% down it rents for an estimated $2,400/mo and returns -$812/mo a month at a 4.5% 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
- -$812/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.8%
- Max offer
- $284,000
Offer ≤ $284,000 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading