For saleTownhouse
$399,900
13031 Mulligan Ct
Lindstrom MN 55045
3 beds, 3.5 baths, 3,239 sqft
13031 Mulligan Ct is a 3 beds, 3.5 baths, 3,239 sqft townhouse home for sale at $399,900 in Lindstrom MN 55045. At 20% down it rents for an estimated $1,625/mo and returns -$1,198/mo a month at a 3.1% 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
- $1,625/mo
- Monthly cash flow
- -$1,198/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -18.0%
- Max offer
- $185,000
Offer ≤ $185,000 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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