For saleTownhouse

$221,900

1654 Freedom Ln

Waconia MN 55387

2 beds, 2 baths, 1,228 sqft

1654 Freedom Ln is a 2 beds, 2 baths, 1,228 sqft townhouse home for sale at $221,900 in Waconia MN 55387. At 20% down it rents for an estimated $2,075/mo and returns $320/mo a month at a 8.4% 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
$2,075/mo
Monthly cash flow
$320/mo
Cap rate
8.4%
Cash-on-cash
8.6%
Max offer
$221,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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