For saleSingle family
$543,990
1198 Woods Creek Drive S
Delano MN 55328
2 beds, 1,801 sqft
1198 Woods Creek Drive S is a 2 beds, 1,801 sqft single family home for sale at $543,990 in Delano MN 55328. At 20% down it rents for an estimated $1,750/mo and returns -$2,133/mo a month at a 2.0% 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
- $1,750/mo
- Monthly cash flow
- -$2,133/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.5%
- Max offer
- $208,500
Offer ≤ $208,500 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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