For saleTownhouse
$182,000
14210 Leisure Ln
Lake Park MN 56554
3 beds, 2 baths, 1,547 sqft
14210 Leisure Ln is a 3 beds, 2 baths, 1,547 sqft townhouse home for sale at $182,000 in Lake Park MN 56554. At 20% down it rents for an estimated $850/mo and returns -$516/mo a month at a 3.3% 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
- $850/mo
- Monthly cash flow
- -$516/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -17.0%
- Max offer
- $88,000
Offer ≤ $88,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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