For saleTownhouse
$260,000
175 Kings Pointe Dr
Delano MN 55328
2 beds, 2 baths, 1,188 sqft
175 Kings Pointe Dr is a 2 beds, 2 baths, 1,188 sqft townhouse home for sale at $260,000 in Delano MN 55328. At 20% down it rents for an estimated $1,300/mo and returns -$738/mo a month at a 3.3% 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
- $1,300/mo
- Monthly cash flow
- -$738/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -17.0%
- Max offer
- $125,500
Offer ≤ $125,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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