For saleTownhouse

$250,000

17521 Gillette Way Unit 11081

Lakeville MN 55044

2 beds, 1.5 baths, 1,396 sqft

17521 Gillette Way Unit 11081 is a 2 beds, 1.5 baths, 1,396 sqft townhouse home for sale at $250,000 in Lakeville MN 55044. At 20% down it rents for an estimated $2,025/mo and returns $161/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
$2,025/mo
Monthly cash flow
$161/mo
Cap rate
7.3%
Cash-on-cash
3.9%
Max offer
$228,000

Offer ≤ $228,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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