For saleTownhouse
$349,990
17508 Diplomat Loop
Lakeville MN 55044
3 beds, 3 baths, 1,707 sqft
17508 Diplomat Loop is a 3 beds, 3 baths, 1,707 sqft townhouse home for sale at $349,990 in Lakeville MN 55044. At 20% down it rents for an estimated $2,475/mo and returns -$239/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
- $2,475/mo
- Monthly cash flow
- -$239/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.1%
- Max offer
- $262,500
Offer ≤ $262,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading