For saleTownhouse
$315,000
5645 Pompano Dr
Minnetonka MN 55343
2 beds, 2 baths, 1,560 sqft
5645 Pompano Dr is a 2 beds, 2 baths, 1,560 sqft townhouse home for sale at $315,000 in Minnetonka MN 55343. At 20% down it rents for an estimated $1,600/mo and returns -$864/mo a month at a 3.4% 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
- $1,600/mo
- Monthly cash flow
- -$864/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.5%
- Max offer
- $155,500
Offer ≤ $155,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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