For saleTownhouse
$359,900
1929 Prospect Ln
Carver MN 55315
3 beds, 3 baths, 1,777 sqft
1929 Prospect Ln is a 3 beds, 3 baths, 1,777 sqft townhouse home for sale at $359,900 in Carver MN 55315. At 20% down it rents for an estimated $1,800/mo and returns -$999/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
- $1,800/mo
- Monthly cash flow
- -$999/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.7%
- Max offer
- $176,500
Offer ≤ $176,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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