For saleTownhouse

$205,000

5 Somerset Dr

Waconia MN 55387

2 beds, 1 bath, 1,088 sqft

5 Somerset Dr is a 2 beds, 1 bath, 1,088 sqft townhouse home for sale at $205,000 in Waconia MN 55387. At 20% down it rents for an estimated $1,600/mo and returns $26/mo a month at a 6.7% 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
$1,600/mo
Monthly cash flow
$26/mo
Cap rate
6.7%
Cash-on-cash
0.8%
Max offer
$173,500

Offer ≤ $173,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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