For saleTownhouse
$229,900
2721 Terraceview Ln N
Plymouth MN 55447
2 beds, 2 baths, 1,311 sqft
2721 Terraceview Ln N is a 2 beds, 2 baths, 1,311 sqft townhouse home for sale at $229,900 in Plymouth MN 55447. At 20% down it rents for an estimated $1,925/mo and returns -$38/mo a month at a 6.5% 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
- $1,925/mo
- Monthly cash flow
- -$38/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -1.0%
- Max offer
- $187,000
Offer ≤ $187,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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