For saleTownhouse
$384,900
517 W Riverview Dr
Waterville MN 56096
3 beds, 3 baths, 2,040 sqft
517 W Riverview Dr is a 3 beds, 3 baths, 2,040 sqft townhouse home for sale at $384,900 in Waterville MN 56096. At 20% down it rents for an estimated $1,800/mo and returns -$936/mo a month at a 3.7% 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
- -$936/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.6%
- Max offer
- $205,000
Offer ≤ $205,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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