For saleSingle family
$360,990
707 Vista Court
Hanover MN 55341
3 beds, 1,514 sqft
707 Vista Court is a 3 beds, 1,514 sqft single family home for sale at $360,990 in Hanover MN 55341. At 20% down it rents for an estimated $2,550/mo and returns -$27/mo a month at a 6.6% 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
- $2,550/mo
- Monthly cash flow
- -$27/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.4%
- Max offer
- $301,000
Offer ≤ $301,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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