For saleTownhouse
$239,900
1122 Heather Ln
Waconia MN 55387
2 beds, 2 baths, 1,217 sqft
1122 Heather Ln is a 2 beds, 2 baths, 1,217 sqft townhouse home for sale at $239,900 in Waconia MN 55387. At 20% down it rents for an estimated $2,375/mo and returns $499/mo a month at a 9.2% 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
- $2,375/mo
- Monthly cash flow
- $499/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.5%
- Max offer
- $239,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading