For saleTownhouse
$575,000
29264 Kenwood Way
Chisago City MN 55013
3 beds, 3 baths, 2,122 sqft
29264 Kenwood Way is a 3 beds, 3 baths, 2,122 sqft townhouse home for sale at $575,000 in Chisago City MN 55013. At 20% down it rents for an estimated $1,650/mo and returns -$2,451/mo a month at a 1.6% 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
- $1,650/mo
- Monthly cash flow
- -$2,451/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.6%
- Max offer
- $176,000
Offer ≤ $176,000 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading