For saleTownhouse
$225,000
2255 Ranchview Ln N Unit 23
Plymouth MN 55447
2 beds, 2 baths, 1,230 sqft
2255 Ranchview Ln N Unit 23 is a 2 beds, 2 baths, 1,230 sqft townhouse home for sale at $225,000 in Plymouth MN 55447. At 20% down it rents for an estimated $1,925/mo and returns -$109/mo a month at a 6.1% 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
- $1,925/mo
- Monthly cash flow
- -$109/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.9%
- Max offer
- $174,000
Offer ≤ $174,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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