For saleTownhouse
$225,000
1505 Millpond Ct
Chaska MN 55318
2 beds, 2 baths, 1,244 sqft
1505 Millpond Ct is a 2 beds, 2 baths, 1,244 sqft townhouse home for sale at $225,000 in Chaska MN 55318. At 20% down it rents for an estimated $1,600/mo and returns -$263/mo a month at a 5.3% 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
- $1,600/mo
- Monthly cash flow
- -$263/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -7.0%
- Max offer
- $155,000
Offer ≤ $155,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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