For saleSingle family
$600,990
6304 Highland Hills Lane S
Cottage Grove MN 55016
4 beds, 3,261 sqft
6304 Highland Hills Lane S is a 4 beds, 3,261 sqft single family home for sale at $600,990 in Cottage Grove MN 55016. At 20% down it rents for an estimated $3,075/mo and returns -$1,215/mo a month at a 4.2% 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
- $3,075/mo
- Monthly cash flow
- -$1,215/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.1%
- Max offer
- $364,500
Offer ≤ $364,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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