For saleTownhouse
$369,000
5851 Moonlight Way NE
Prior Lake MN 55372
3 beds, 3 baths, 1,911 sqft
5851 Moonlight Way NE is a 3 beds, 3 baths, 1,911 sqft townhouse home for sale at $369,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $2,200/mo and returns -$583/mo a month at a 4.8% 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
- $2,200/mo
- Monthly cash flow
- -$583/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.5%
- Max offer
- $235,500
Offer ≤ $235,500 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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