For saleTownhouse

$242,900

3854 232nd Ave NW Apt 109

Saint Francis MN 55070

3 beds, 2.5 baths, 1,648 sqft

3854 232nd Ave NW Apt 109 is a 3 beds, 2.5 baths, 1,648 sqft townhouse home for sale at $242,900 in Saint Francis MN 55070. At 20% down it rents for an estimated $2,500/mo and returns $567/mo a month at a 9.5% 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
$2,500/mo
Monthly cash flow
$567/mo
Cap rate
9.5%
Cash-on-cash
14.0%
Max offer
$242,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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