For saleTownhouse
$385,000
1070 Zanzibar Ln N
Plymouth MN 55447
2 beds, 2 baths, 1,150 sqft
1070 Zanzibar Ln N is a 2 beds, 2 baths, 1,150 sqft townhouse home for sale at $385,000 in Plymouth MN 55447. At 20% down it rents for an estimated $1,850/mo and returns -$1,195/mo a month at a 2.9% 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
- $1,850/mo
- Monthly cash flow
- -$1,195/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.6%
- Max offer
- $173,000
Offer ≤ $173,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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