For saleTownhouse
$240,000
18669 Clear View Ct
Minnetonka MN 55345
3 beds, 2.5 baths, 1,434 sqft
18669 Clear View Ct is a 3 beds, 2.5 baths, 1,434 sqft townhouse home for sale at $240,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $2,500/mo and returns $423/mo a month at a 8.8% 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
- $2,500/mo
- Monthly cash flow
- $423/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.6%
- Max offer
- $240,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading