For saleTownhouse
$384,000
16217 50th Ave N
Plymouth MN 55446
3 beds, 2.5 baths, 2,269 sqft
16217 50th Ave N is a 3 beds, 2.5 baths, 2,269 sqft townhouse home for sale at $384,000 in Plymouth MN 55446. At 20% down it rents for an estimated $2,350/mo and returns -$573/mo a month at a 4.9% 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
- $2,350/mo
- Monthly cash flow
- -$573/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -9.0%
- Max offer
- $249,500
Offer ≤ $249,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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