For saleTownhouse

$225,000

303 Elan Ct

Woodbury MN 55125

2 beds, 2 baths, 1,924 sqft

303 Elan Ct is a 2 beds, 2 baths, 1,924 sqft townhouse home for sale at $225,000 in Woodbury MN 55125. At 20% down it rents for an estimated $2,000/mo and returns $165/mo a month at a 7.4% 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
$2,000/mo
Monthly cash flow
$165/mo
Cap rate
7.4%
Cash-on-cash
4.4%
Max offer
$207,500

Offer ≤ $207,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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