For saleTownhouse
$589,900
8066 Lost Lake Rd Unit 150
Nisswa MN 56468
3 beds, 5 baths, 2,200 sqft
8066 Lost Lake Rd Unit 150 is a 3 beds, 5 baths, 2,200 sqft townhouse home for sale at $589,900 in Nisswa MN 56468. At 20% down it rents for an estimated $1,650/mo and returns -$2,721/mo a month at a 1.1% 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
- -$2,721/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -27.7%
- Max offer
- $155,000
Offer ≤ $155,000 (74% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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