For saleTownhouse
$234,500
1685 Patriot Ln
Waconia MN 55387
2 beds, 2 baths, 1,206 sqft
1685 Patriot Ln is a 2 beds, 2 baths, 1,206 sqft townhouse home for sale at $234,500 in Waconia MN 55387. At 20% down it rents for an estimated $2,075/mo and returns $235/mo a month at a 7.9% 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
- $2,075/mo
- Monthly cash flow
- $235/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.0%
- Max offer
- $224,500
Offer ≤ $224,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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