For saleCondo
$174,000
1341 Lake Dr W Apt B111
Chanhassen MN 55317
2 beds, 1 bath, 1,117 sqft
1341 Lake Dr W Apt B111 is a 2 beds, 1 bath, 1,117 sqft condo home for sale at $174,000 in Chanhassen MN 55317. At 20% down it rents for an estimated $2,275/mo and returns $463/mo a month at a 9.9% 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
- $2,275/mo
- Monthly cash flow
- $463/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.0%
- Max offer
- $174,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading