For saleTownhouse
$259,900
4731 Spring Cir
Minnetonka MN 55345
2 beds, 3 baths, 1,716 sqft
4731 Spring Cir is a 2 beds, 3 baths, 1,716 sqft townhouse home for sale at $259,900 in Minnetonka MN 55345. At 20% down it rents for an estimated $1,800/mo and returns -$336/mo a month at a 5.1% 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
- $1,800/mo
- Monthly cash flow
- -$336/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.8%
- Max offer
- $175,000
Offer ≤ $175,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading