For saleTownhouse
$300,000
159 Morgan Ln
Lino Lakes MN 55014
4 beds, 2.5 baths, 1,940 sqft
159 Morgan Ln is a 4 beds, 2.5 baths, 1,940 sqft townhouse home for sale at $300,000 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,875/mo and returns $508/mo a month at a 8.6% 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
- $2,875/mo
- Monthly cash flow
- $508/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 10.2%
- Max offer
- $300,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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