For saleTownhouse
$325,000
5177 216th St W
Farmington MN 55024
2 beds, 1 bath, 1,178 sqft
5177 216th St W is a 2 beds, 1 bath, 1,178 sqft townhouse home for sale at $325,000 in Farmington MN 55024. At 20% down it rents for an estimated $1,900/mo and returns -$537/mo a month at a 4.7% 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
- $1,900/mo
- Monthly cash flow
- -$537/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.9%
- Max offer
- $204,500
Offer ≤ $204,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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