For saleSingle family
$525,000
5690 Echo Rd
Excelsior MN 55331
3 beds, 2.5 baths, 2,484 sqft
5690 Echo Rd is a 3 beds, 2.5 baths, 2,484 sqft single family home for sale at $525,000 in Excelsior MN 55331. At 20% down it rents for an estimated $2,700/mo and returns -$1,048/mo a month at a 4.3% 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
- -$1,048/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $320,000
Offer ≤ $320,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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