For saleTownhouse
$249,900
2917 Hemingway Dr
Chaska MN 55318
3 beds, 2 baths, 1,487 sqft
2917 Hemingway Dr is a 3 beds, 2 baths, 1,487 sqft townhouse home for sale at $249,900 in Chaska MN 55318. At 20% down it rents for an estimated $2,300/mo and returns $276/mo a month at a 7.8% 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
- $2,300/mo
- Monthly cash flow
- $276/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.6%
- Max offer
- $242,500
Offer ≤ $242,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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