For saleTownhouse

$335,000

1948 Commonwealth Blvd Unit 7

Chanhassen MN 55317

3 beds, 3 baths, 1,652 sqft

1948 Commonwealth Blvd Unit 7 is a 3 beds, 3 baths, 1,652 sqft townhouse home for sale at $335,000 in Chanhassen MN 55317. At 20% down it rents for an estimated $2,550/mo and returns -$56/mo a month at a 6.5% 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
$2,550/mo
Monthly cash flow
-$56/mo
Cap rate
6.5%
Cash-on-cash
-1.0%
Max offer
$272,500

Offer ≤ $272,500 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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