For saleTownhouse
$1,100,000
423 Lake St
Excelsior MN 55331
2 beds, 2 baths, 1,101 sqft
423 Lake St is a 2 beds, 2 baths, 1,101 sqft townhouse home for sale at $1,100,000 in Excelsior MN 55331. At 20% down it rents for an estimated $2,250/mo and returns -$5,520/mo a month at a 0.6% 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
- $2,250/mo
- Monthly cash flow
- -$5,520/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.1%
- Max offer
- $234,000
Offer ≤ $234,000 (79% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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