For saleTownhouse
$299,900
3441 Pilgrim Ln N
Plymouth MN 55441
3 beds, 1.5 baths, 1,380 sqft
3441 Pilgrim Ln N is a 3 beds, 1.5 baths, 1,380 sqft townhouse home for sale at $299,900 in Plymouth MN 55441. At 20% down it rents for an estimated $2,000/mo and returns -$197/mo a month at a 5.9% 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
- $2,000/mo
- Monthly cash flow
- -$197/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -4.0%
- Max offer
- $225,500
Offer ≤ $225,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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