For saleSingle family
$26,500,000
372 Ferndale Rd S
Wayzata MN 55391
7 beds, 10 baths, 12,420 sqft
372 Ferndale Rd S is a 7 beds, 10 baths, 12,420 sqft single family home for sale at $26,500,000 in Wayzata MN 55391. At 20% down it rents for an estimated $4,125/mo and returns -$185,052/mo a month at a -1.7% 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
- $4,125/mo
- Monthly cash flow
- -$185,052/mo
- Cap rate
- -1.7%
- Cash-on-cash
- -41.9%
- Max offer
- $500,000
Offer ≤ $500,000 (98% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading