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 $2,400/mo and returns $487/mo a month at a 8.9% 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
$2,400/mo
Monthly cash flow
$487/mo
Cap rate
8.9%
Cash-on-cash
12.2%
Max offer
$240,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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