For saleSingle family
$795,900
503 Abbey Way
Mendota Heights MN 55120
4 beds, 3.5 baths, 3,612 sqft
503 Abbey Way is a 4 beds, 3.5 baths, 3,612 sqft single family home for sale at $795,900 in Mendota Heights MN 55120. At 20% down it rents for an estimated $2,600/mo and returns -$3,082/mo a month at a 2.0% 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
- $2,600/mo
- Monthly cash flow
- -$3,082/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.2%
- Max offer
- $310,000
Offer ≤ $310,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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