For saleSingle family
$2,780,000
1545 Minnie Ave
Orono MN 55364
6 beds, 5.5 baths, 5,641 sqft
1545 Minnie Ave is a 6 beds, 5.5 baths, 5,641 sqft single family home for sale at $2,780,000 in Orono MN 55364. At 20% down it rents for an estimated $4,075/mo and returns -$15,771/mo a month at a -0.1% 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
- $4,075/mo
- Monthly cash flow
- -$15,771/mo
- Cap rate
- -0.1%
- Cash-on-cash
- -34.0%
- Max offer
- $493,500
Offer ≤ $493,500 (82% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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