For saleSingle family
$349,900
1252 Southridge Ct
Belle Plaine MN 56011
4 beds, 3 baths, 2,503 sqft
1252 Southridge Ct is a 4 beds, 3 baths, 2,503 sqft single family home for sale at $349,900 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,600/mo and returns -$898/mo a month at a 3.6% 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
- $1,600/mo
- Monthly cash flow
- -$898/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.4%
- Max offer
- $189,500
Offer ≤ $189,500 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading