For saleTownhouse
$279,900
18036 Walnut Cir
Big Lake MN 55309
3 beds, 3 baths, 1,620 sqft
18036 Walnut Cir is a 3 beds, 3 baths, 1,620 sqft townhouse home for sale at $279,900 in Big Lake MN 55309. At 20% down it rents for an estimated $1,950/mo and returns -$208/mo a month at a 5.8% 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
- $1,950/mo
- Monthly cash flow
- -$208/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.5%
- Max offer
- $207,500
Offer ≤ $207,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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