For saleTownhouse
$229,500
1220 Larkspur Ln
Waconia MN 55387
2 beds, 2 baths, 1,216 sqft
1220 Larkspur Ln is a 2 beds, 2 baths, 1,216 sqft townhouse home for sale at $229,500 in Waconia MN 55387. At 20% down it rents for an estimated $2,375/mo and returns $627/mo a month at a 9.9% 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
- $2,375/mo
- Monthly cash flow
- $627/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.4%
- Max offer
- $229,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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