For saleSingle family
$340,000
1500 Teal Ct
Buffalo MN 55313
3 beds, 2 baths, 1,568 sqft
1500 Teal Ct is a 3 beds, 2 baths, 1,568 sqft single family home for sale at $340,000 in Buffalo MN 55313. At 20% down it rents for an estimated $1,875/mo and returns -$552/mo a month at a 4.7% 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
- $1,875/mo
- Monthly cash flow
- -$552/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.7%
- Max offer
- $222,000
Offer ≤ $222,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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