For saleTownhouse
$385,000
2899 Eastview Ct
Anoka MN 55303
2 beds, 2 baths, 1,562 sqft
2899 Eastview Ct is a 2 beds, 2 baths, 1,562 sqft townhouse home for sale at $385,000 in Anoka MN 55303. At 20% down it rents for an estimated $1,350/mo and returns -$1,427/mo a month at a 2.2% 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
- $1,350/mo
- Monthly cash flow
- -$1,427/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.2%
- Max offer
- $144,500
Offer ≤ $144,500 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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