For saleTownhouse
$310,000
5607 Pompano Dr
Minnetonka MN 55343
2 beds, 1.5 baths, 1,242 sqft
5607 Pompano Dr is a 2 beds, 1.5 baths, 1,242 sqft townhouse home for sale at $310,000 in Minnetonka MN 55343. At 20% down it rents for an estimated $1,450/mo and returns -$956/mo a month at a 3.0% 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
- $1,450/mo
- Monthly cash flow
- -$956/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.5%
- Max offer
- $140,000
Offer ≤ $140,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading