For saleTownhouse
$275,000
18657 Clear View Ct
Minnetonka MN 55345
3 beds, 3 baths, 1,434 sqft
18657 Clear View Ct is a 3 beds, 3 baths, 1,434 sqft townhouse home for sale at $275,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $2,500/mo and returns $260/mo a month at a 7.8% 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
- $2,500/mo
- Monthly cash flow
- $260/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $261,500
Offer ≤ $261,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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