For saleTownhouse
$299,900
12551 Lynn Ave
Savage MN 55378
3 beds, 3 baths, 1,876 sqft
12551 Lynn Ave is a 3 beds, 3 baths, 1,876 sqft townhouse home for sale at $299,900 in Savage MN 55378. At 20% down it rents for an estimated $1,575/mo and returns -$788/mo a month at a 3.5% 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
- $1,575/mo
- Monthly cash flow
- -$788/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.8%
- Max offer
- $152,500
Offer ≤ $152,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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