For saleTownhouse

$319,900

573 Ravencroft Rd

Waconia MN 55387

3 beds, 1.5 baths, 1,740 sqft

573 Ravencroft Rd is a 3 beds, 1.5 baths, 1,740 sqft townhouse home for sale at $319,900 in Waconia MN 55387. At 20% down it rents for an estimated $2,700/mo and returns $333/mo a month at a 7.9% 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
$333/mo
Cap rate
7.9%
Cash-on-cash
6.2%
Max offer
$308,000

Offer ≤ $308,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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