For saleTownhouse
$375,000
29507 Mentzer Ct
Lindstrom MN 55045
2 beds, 2 baths, 1,686 sqft
29507 Mentzer Ct is a 2 beds, 2 baths, 1,686 sqft townhouse home for sale at $375,000 in Lindstrom MN 55045. At 20% down it rents for an estimated $1,450/mo and returns -$1,365/mo a month at a 2.3% 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
- $1,450/mo
- Monthly cash flow
- -$1,365/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.8%
- Max offer
- $143,500
Offer ≤ $143,500 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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