For saleTownhouse
$359,990
17506 Diplomat Loop
Lakeville MN 55044
3 beds, 3 baths, 1,707 sqft
17506 Diplomat Loop is a 3 beds, 3 baths, 1,707 sqft townhouse home for sale at $359,990 in Lakeville MN 55044. At 20% down it rents for an estimated $2,475/mo and returns -$306/mo a month at a 5.6% 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
- $2,475/mo
- Monthly cash flow
- -$306/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.1%
- Max offer
- $262,500
Offer ≤ $262,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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