For saleTownhouse
$420,000
2442 Autumn Ridge Ct
Chanhassen MN 55317
2 beds, 3 baths, 1,774 sqft
2442 Autumn Ridge Ct is a 2 beds, 3 baths, 1,774 sqft townhouse home for sale at $420,000 in Chanhassen MN 55317. At 20% down it rents for an estimated $2,275/mo and returns -$871/mo a month at a 4.2% 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
- $2,275/mo
- Monthly cash flow
- -$871/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.4%
- Max offer
- $242,500
Offer ≤ $242,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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