For saleTownhouse

$199,900

15665 24th Ave N Unit F

Plymouth MN 55447

2 beds, 1.5 baths, 1,255 sqft

15665 24th Ave N Unit F is a 2 beds, 1.5 baths, 1,255 sqft townhouse home for sale at $199,900 in Plymouth MN 55447. At 20% down it rents for an estimated $1,925/mo and returns $153/mo a month at a 7.6% 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
$1,925/mo
Monthly cash flow
$153/mo
Cap rate
7.6%
Cash-on-cash
4.6%
Max offer
$185,500

Offer ≤ $185,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading