For saleTownhouse
$350,000
3803 Minnesota Ln N
Plymouth MN 55446
3 beds, 3 baths, 1,997 sqft
3803 Minnesota Ln N is a 3 beds, 3 baths, 1,997 sqft townhouse home for sale at $350,000 in Plymouth MN 55446. At 20% down it rents for an estimated $2,350/mo and returns -$585/mo a month at a 4.7% 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
- $2,350/mo
- Monthly cash flow
- -$585/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -10.0%
- Max offer
- $219,500
Offer ≤ $219,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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