For saleTownhouse
$269,900
10930 Colorado Ave N
Champlin MN 55316
3 beds, 2 baths, 1,402 sqft
10930 Colorado Ave N is a 3 beds, 2 baths, 1,402 sqft townhouse home for sale at $269,900 in Champlin MN 55316. At 20% down it rents for an estimated $1,900/mo and returns -$198/mo a month at a 5.8% 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
- $1,900/mo
- Monthly cash flow
- -$198/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.4%
- Max offer
- $200,500
Offer ≤ $200,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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