For saleSingle family
$427,999
2930 Bay St
Wayzata MN 55391
3 beds, 1.5 baths, 1,588 sqft
2930 Bay St is a 3 beds, 1.5 baths, 1,588 sqft single family home for sale at $427,999 in Wayzata MN 55391. At 20% down it rents for an estimated $3,075/mo and returns $73/mo a month at a 6.7% 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
- $3,075/mo
- Monthly cash flow
- $73/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 1.0%
- Max offer
- $368,500
Offer ≤ $368,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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