Pending saleSingle family
$449,900
615 Bluff Heights Dr SE
Lonsdale MN 55046
4 beds, 3 baths, 2,981 sqft
615 Bluff Heights Dr SE is a 4 beds, 3 baths, 2,981 sqft single family home pending sale at $449,900 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,325/mo and returns -$1,887/mo a month at a 1.6% 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
- $1,325/mo
- Monthly cash flow
- -$1,887/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.2%
- Max offer
- $158,000
Offer ≤ $158,000 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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