For saleTownhouse

$239,900

313 Elan Ct

Woodbury MN 55125

3 beds, 1.5 baths, 1,290 sqft

313 Elan Ct is a 3 beds, 1.5 baths, 1,290 sqft townhouse home for sale at $239,900 in Woodbury MN 55125. At 20% down it rents for an estimated $2,250/mo and returns $232/mo a month at a 7.7% 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
$2,250/mo
Monthly cash flow
$232/mo
Cap rate
7.7%
Cash-on-cash
5.8%
Max offer
$228,500

Offer ≤ $228,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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