For saleTownhouse
$243,000
534 Delaware St SW
Lonsdale MN 55046
2 beds, 2 baths, 1,522 sqft
534 Delaware St SW is a 2 beds, 2 baths, 1,522 sqft townhouse home for sale at $243,000 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,100/mo and returns -$583/mo a month at a 3.8% 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
- $1,100/mo
- Monthly cash flow
- -$583/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.4%
- Max offer
- $130,500
Offer ≤ $130,500 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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