For saleTownhouse
$332,000
2261 Wildwood Cir
Minnetonka MN 55305
2 beds, 2 baths, 1,171 sqft
2261 Wildwood Cir is a 2 beds, 2 baths, 1,171 sqft townhouse home for sale at $332,000 in Minnetonka MN 55305. At 20% down it rents for an estimated $1,675/mo and returns -$908/mo a month at a 3.4% 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
- $1,675/mo
- Monthly cash flow
- -$908/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.4%
- Max offer
- $164,500
Offer ≤ $164,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading