For saleTownhouse
$240,000
12284 Zealand Cir N
Champlin MN 55316
3 beds, 1.5 baths, 1,340 sqft
12284 Zealand Cir N is a 3 beds, 1.5 baths, 1,340 sqft townhouse home for sale at $240,000 in Champlin MN 55316. At 20% down it rents for an estimated $2,100/mo and returns $157/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
- $2,100/mo
- Monthly cash flow
- $157/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.9%
- Max offer
- $219,500
Offer ≤ $219,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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