For saleSingle family
$495,000
5265 216th St W
Farmington MN 55024
3 beds, 2 baths, 1,820 sqft
5265 216th St W is a 3 beds, 2 baths, 1,820 sqft single family home for sale at $495,000 in Farmington MN 55024. At 20% down it rents for an estimated $2,125/mo and returns -$1,409/mo a month at a 3.3% 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
- $2,125/mo
- Monthly cash flow
- -$1,409/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -17.1%
- Max offer
- $252,000
Offer ≤ $252,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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