For saleTownhouse
$415,000
8501 124th Ln N
Champlin MN 55316
3 beds, 3 baths, 2,296 sqft
8501 124th Ln N is a 3 beds, 3 baths, 2,296 sqft townhouse home for sale at $415,000 in Champlin MN 55316. At 20% down it rents for an estimated $2,100/mo and returns -$1,099/mo a month at a 3.5% 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
- $2,100/mo
- Monthly cash flow
- -$1,099/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.9%
- Max offer
- $210,000
Offer ≤ $210,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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