For saleTownhouse
$419,000
2526 Waterfall Way NW
Prior Lake MN 55372
3 beds, 2.5 baths, 2,902 sqft
2526 Waterfall Way NW is a 3 beds, 2.5 baths, 2,902 sqft townhouse home for sale at $419,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $2,375/mo and returns -$889/mo a month at a 4.1% 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
- $2,375/mo
- Monthly cash flow
- -$889/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.7%
- Max offer
- $239,500
Offer ≤ $239,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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