Pending saleSingle family

$795,000

1591 Diane Rd

Mendota Heights MN 55118

3 beds, 4 baths, 3,329 sqft

1591 Diane Rd is a 3 beds, 4 baths, 3,329 sqft single family home pending sale at $795,000 in Mendota Heights MN 55118. At 20% down it rents for an estimated $2,100/mo and returns -$3,575/mo a month at a 1.3% 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
$2,100/mo
Monthly cash flow
-$3,575/mo
Cap rate
1.3%
Cash-on-cash
-27.0%
Max offer
$251,000

Offer ≤ $251,000 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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