For saleSingle family
$303,190
4628 218th St W
Farmington MN 55024
3 beds, 2.5 baths, 1,769 sqft
4628 218th St W is a 3 beds, 2.5 baths, 1,769 sqft single family home for sale at $303,190 in Farmington MN 55024. At 20% down it rents for an estimated $2,125/mo and returns -$39/mo a month at a 6.5% 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
- $2,125/mo
- Monthly cash flow
- -$39/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.8%
- Max offer
- $251,000
Offer ≤ $251,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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