For saleTownhouse
$324,990
224 Huntington Dr
Waconia MN 55387
3 beds, 2.5 baths, 1,719 sqft
224 Huntington Dr is a 3 beds, 2.5 baths, 1,719 sqft townhouse home for sale at $324,990 in Waconia MN 55387. At 20% down it rents for an estimated $2,700/mo and returns $299/mo a month at a 7.8% 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
- $2,700/mo
- Monthly cash flow
- $299/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.5%
- Max offer
- $308,000
Offer ≤ $308,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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