For saleSingle family
$355,000
1490 Mallard Pl
Waconia MN 55387
3 beds, 2 baths, 1,568 sqft
1490 Mallard Pl is a 3 beds, 2 baths, 1,568 sqft single family home for sale at $355,000 in Waconia MN 55387. At 20% down it rents for an estimated $2,700/mo and returns $166/mo a month at a 7.2% 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
- $2,700/mo
- Monthly cash flow
- $166/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.8%
- Max offer
- $318,500
Offer ≤ $318,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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