For saleTownhouse

$215,000

444 Kirkwall Ct

Waite Park MN 56387

2 beds, 2 baths, 1,638 sqft

444 Kirkwall Ct is a 2 beds, 2 baths, 1,638 sqft townhouse home for sale at $215,000 in Waite Park MN 56387. At 20% down it rents for an estimated $950/mo and returns -$636/mo a month at a 3.1% 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
$950/mo
Monthly cash flow
-$636/mo
Cap rate
3.1%
Cash-on-cash
-17.8%
Max offer
$100,500

Offer ≤ $100,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading