For saleTownhouse
$499,900
142 Wildwood Bay Dr
Mahtomedi MN 55115
3 beds, 4 baths, 3,848 sqft
142 Wildwood Bay Dr is a 3 beds, 4 baths, 3,848 sqft townhouse home for sale at $499,900 in Mahtomedi MN 55115. At 20% down it rents for an estimated $2,100/mo and returns -$1,608/mo a month at a 2.8% 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
- $2,100/mo
- Monthly cash flow
- -$1,608/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.3%
- Max offer
- $218,000
Offer ≤ $218,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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