For saleTownhouse
$300,000
6109 Creek View Trl
Minnetonka MN 55345
3 beds, 2 baths, 1,520 sqft
6109 Creek View Trl is a 3 beds, 2 baths, 1,520 sqft townhouse home for sale at $300,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $2,500/mo and returns $197/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
- $2,500/mo
- Monthly cash flow
- $197/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 3.9%
- Max offer
- $274,500
Offer ≤ $274,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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