For saleTownhouse

$240,000

12108 Lake Ln

Lindstrom MN 55045

2 beds, 2 baths, 1,320 sqft

12108 Lake Ln is a 2 beds, 2 baths, 1,320 sqft townhouse home for sale at $240,000 in Lindstrom MN 55045. At 20% down it rents for an estimated $1,950/mo and returns $212/mo a month at a 7.6% 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
$1,950/mo
Monthly cash flow
$212/mo
Cap rate
7.6%
Cash-on-cash
5.3%
Max offer
$226,000

Offer ≤ $226,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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