For saleCondo
$185,000
1341 Lake Dr W Apt B113
Chanhassen MN 55317
2 beds, 1 bath, 1,117 sqft
1341 Lake Dr W Apt B113 is a 2 beds, 1 bath, 1,117 sqft condo home for sale at $185,000 in Chanhassen MN 55317. At 20% down it rents for an estimated $2,100/mo and returns $271/mo a month at a 8.3% 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
- $2,100/mo
- Monthly cash flow
- $271/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.8%
- Max offer
- $185,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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