For saleTownhouse
$270,000
11151 204th St W Unit 309
Lakeville MN 55044
3 beds, 3 baths, 1,688 sqft
11151 204th St W Unit 309 is a 3 beds, 3 baths, 1,688 sqft townhouse home for sale at $270,000 in Lakeville MN 55044. At 20% down it rents for an estimated $2,400/mo and returns $258/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
- $2,400/mo
- Monthly cash flow
- $258/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $257,000
Offer ≤ $257,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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