For saleSingle family
$415,000
936 Ivy Hills Rd
Belle Plaine MN 56011
5 beds, 3 baths, 2,500 sqft
936 Ivy Hills Rd is a 5 beds, 3 baths, 2,500 sqft single family home for sale at $415,000 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,750/mo and returns -$1,213/mo a month at a 3.2% 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
- $1,750/mo
- Monthly cash flow
- -$1,213/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.5%
- Max offer
- $207,500
Offer ≤ $207,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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