For saleTownhouse

$249,900

16211 Flagstaff Ct S

Lakeville MN 55068

3 beds, 2 baths, 1,375 sqft

16211 Flagstaff Ct S is a 3 beds, 2 baths, 1,375 sqft townhouse home for sale at $249,900 in Lakeville MN 55068. At 20% down it rents for an estimated $2,150/mo and returns $134/mo a month at a 7.3% 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
$2,150/mo
Monthly cash flow
$134/mo
Cap rate
7.3%
Cash-on-cash
3.2%
Max offer
$225,000

Offer ≤ $225,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading