For saleTownhouse
$304,900
146 Shetland Ln
Lino Lakes MN 55014
3 beds, 3 baths, 1,684 sqft
146 Shetland Ln is a 3 beds, 3 baths, 1,684 sqft townhouse home for sale at $304,900 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,250/mo and returns -$48/mo a month at a 6.5% 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
- $2,250/mo
- Monthly cash flow
- -$48/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.9%
- Max offer
- $248,500
Offer ≤ $248,500 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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