For saleTownhouse
$260,000
11544 Elmwood Ave N
Champlin MN 55316
2 beds, 2 baths, 1,328 sqft
11544 Elmwood Ave N is a 2 beds, 2 baths, 1,328 sqft townhouse home for sale at $260,000 in Champlin MN 55316. At 20% down it rents for an estimated $1,400/mo and returns -$701/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
- $1,400/mo
- Monthly cash flow
- -$701/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.2%
- Max offer
- $130,000
Offer ≤ $130,000 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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