For saleTownhouse

$185,000

14 E 13th St

Waconia MN 55387

2 beds, 1 bath, 940 sqft

14 E 13th St is a 2 beds, 1 bath, 940 sqft townhouse home for sale at $185,000 in Waconia MN 55387. At 20% down it rents for an estimated $1,600/mo and returns $155/mo a month at a 7.5% 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
$1,600/mo
Monthly cash flow
$155/mo
Cap rate
7.5%
Cash-on-cash
5.0%
Max offer
$173,000

Offer ≤ $173,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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