For saleTownhouse
$310,000
15665 24th Ave N Unit E
Plymouth MN 55447
2 beds, 1.5 baths, 1,188 sqft
15665 24th Ave N Unit E is a 2 beds, 1.5 baths, 1,188 sqft townhouse home for sale at $310,000 in Plymouth MN 55447. At 20% down it rents for an estimated $1,925/mo and returns -$634/mo a month at a 4.2% 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
- $1,925/mo
- Monthly cash flow
- -$634/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.3%
- Max offer
- $180,000
Offer ≤ $180,000 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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