For saleTownhouse
$265,000
396 Willoughby Way W
Minnetonka MN 55305
2 beds, 2 baths, 1,338 sqft
396 Willoughby Way W is a 2 beds, 2 baths, 1,338 sqft townhouse home for sale at $265,000 in Minnetonka MN 55305. At 20% down it rents for an estimated $1,675/mo and returns -$653/mo a month at a 3.7% 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
- $1,675/mo
- Monthly cash flow
- -$653/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.8%
- Max offer
- $140,000
Offer ≤ $140,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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