For saleTownhouse
$314,900
911 Ledgestone Dr
Mahtomedi MN 55115
3 beds, 3 baths, 2,032 sqft
911 Ledgestone Dr is a 3 beds, 3 baths, 2,032 sqft townhouse home for sale at $314,900 in Mahtomedi MN 55115. At 20% down it rents for an estimated $2,450/mo and returns -$39/mo a month at a 6.5% 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
- $2,450/mo
- Monthly cash flow
- -$39/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.7%
- Max offer
- $258,000
Offer ≤ $258,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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