For saleTownhouse
$269,000
932 Ledgestone Dr
Mahtomedi MN 55115
3 beds, 1.5 baths, 1,810 sqft
932 Ledgestone Dr is a 3 beds, 1.5 baths, 1,810 sqft townhouse home for sale at $269,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $2,450/mo and returns $268/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
- $2,450/mo
- Monthly cash flow
- $268/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.0%
- Max offer
- $257,500
Offer ≤ $257,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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