For saleTownhouse

$269,900

12343 Zealand Ave N

Champlin MN 55316

3 beds, 1.5 baths, 1,340 sqft

12343 Zealand Ave N is a 3 beds, 1.5 baths, 1,340 sqft townhouse home for sale at $269,900 in Champlin MN 55316. At 20% down it rents for an estimated $2,400/mo and returns $245/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
$2,400/mo
Monthly cash flow
$245/mo
Cap rate
7.6%
Cash-on-cash
5.4%
Max offer
$255,000

Offer ≤ $255,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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