For saleTownhouse
$329,000
1805 Lakeridge Way
Waconia MN 55387
3 beds, 2 baths, 1,878 sqft
1805 Lakeridge Way is a 3 beds, 2 baths, 1,878 sqft townhouse home for sale at $329,000 in Waconia MN 55387. At 20% down it rents for an estimated $2,700/mo and returns $272/mo a month at a 7.7% 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
- $2,700/mo
- Monthly cash flow
- $272/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.0%
- Max offer
- $308,000
Offer ≤ $308,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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