For saleTownhouse
$349,999
497 Pleasant Ln
Chaska MN 55318
3 beds, 2.5 baths, 2,299 sqft
497 Pleasant Ln is a 3 beds, 2.5 baths, 2,299 sqft townhouse home for sale at $349,999 in Chaska MN 55318. At 20% down it rents for an estimated $2,350/mo and returns -$393/mo a month at a 5.3% 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
- $2,350/mo
- Monthly cash flow
- -$393/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.7%
- Max offer
- $243,000
Offer ≤ $243,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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