For saleSingle family

$264,900

7340 Knollwood Dr

Mounds View MN 55112

2 beds, 1 bath, 1,212 sqft

7340 Knollwood Dr is a 2 beds, 1 bath, 1,212 sqft single family home for sale at $264,900 in Mounds View MN 55112. At 20% down it rents for an estimated $1,300/mo and returns -$591/mo a month at a 4.0% 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
$1,300/mo
Monthly cash flow
-$591/mo
Cap rate
4.0%
Cash-on-cash
-13.4%
Max offer
$154,000

Offer ≤ $154,000 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading