Pending saleSingle family
$339,000
105 Dresden Ln
Waverly MN 55390
4 beds, 2 baths, 2,006 sqft
105 Dresden Ln is a 4 beds, 2 baths, 2,006 sqft single family home pending sale at $339,000 in Waverly MN 55390. At 20% down it rents for an estimated $2,250/mo and returns -$170/mo a month at a 6.1% 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
- $2,250/mo
- Monthly cash flow
- -$170/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -3.0%
- Max offer
- $266,000
Offer ≤ $266,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading