For saleSingle family
$1,200,000
99 Forestdale Rd
Minneapolis MN 55410
5 beds, 5 baths, 4,295 sqft
99 Forestdale Rd is a 5 beds, 5 baths, 4,295 sqft single family home for sale at $1,200,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $3,475/mo and returns -$5,092/mo a month at a 1.6% 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
- $3,475/mo
- Monthly cash flow
- -$5,092/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.5%
- Max offer
- $415,000
Offer ≤ $415,000 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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