For saleSingle family
$2,499,900
5060 Edgewater Dr
Mound MN 55364
5 beds, 3.5 baths, 4,575 sqft
5060 Edgewater Dr is a 5 beds, 3.5 baths, 4,575 sqft single family home for sale at $2,499,900 in Mound MN 55364. At 20% down it rents for an estimated $4,700/mo and returns -$13,146/mo a month at a 0.4% 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
- $4,700/mo
- Monthly cash flow
- -$13,146/mo
- Cap rate
- 0.4%
- Cash-on-cash
- -31.6%
- Max offer
- $567,000
Offer ≤ $567,000 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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